US fund manager Nuveen has opened an office in Denmark as a response to increased business volumes in the region.
The office, situated just outside the Danish capital, will serve as the main hub for all the firm’s advisory services activities across the Nordics and Benelux region.
According to Nuveen, business inflow in the region has grown by more than half over the last three years.
Per Frederiksen, head of continental Europe, said: “Servicing and developing client relationships further is not something which can be done effectively without being even closer to the market in which we operate.”
The office is led by Frederiksen and has six full-time employees, with growth plans in the pipeline.
In a statement, the firm said that this additional European presence will complement existing operations for Nuveen’s real estate activities led from offices in Stockholm and Helsinki.
The asset manager has been active in the Nordics and Benelux region for ten years.
Nuveen has recently added to its London-based team with the appointment of Gregory Ohlson to the new role of head of UK consultant relations for its international advisory services team.
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