Key Takeaways
- • Nordea appointed a new chief strategist for equities and investments in Denmark, effective November 1, 2022, replacing Andreas Østerheden in the role.
- • The incoming strategist, 39-year-old Josephine Cetti, was recruited from St. Petri Capital, where she held a portfolio specialist position.
- • Nordea's Fixed Income Rates Team manages approximately EUR 40 billion in covered and other bonds, with EUR 500 million allocated to hedge fund strategies.
- • Nordea Global Rates Opportunity Fund delivered a 25.2% return during its reporting period, ranking among the top ten Nordic hedge funds.
Summary
Nordea has completed a senior strategist appointment, bringing Josephine Cetti into the role of chief strategist for equities and investments in Denmark, effective November 1, 2022. The 39-year-old Cetti, who previously served as a portfolio specialist at St. Petri Capital, replaces Andreas Østerheden in this key position within the Nordic financial institution's investment management structure.
The move reflects broader personnel transitions at Nordea's asset management division as the organization continues to build its institutional investment capabilities. Cetti's background in portfolio management at St. Petri Capital—a hedge fund platform—positions her to leverage market expertise as Nordea expands its fixed income and rates strategies.
Nordea's Fixed Income Rates Team manages a substantial EUR 40 billion portfolio encompassing covered bonds and other fixed income instruments, with EUR 500 million dedicated to hedge fund strategies. The organization's rates-focused investment platform has demonstrated strong performance, with Nordea Global Rates Opportunity Fund delivering a 25.2% return during its most recent reporting period, placing it among the top ten performing Nordic hedge funds. This performance backdrop underscores the strategic importance of senior strategist roles in guiding portfolio construction and relative value strategies within the rates complex.
The move reflects broader personnel transitions at Nordea's asset management division as the organization continues to build its institutional investment capabilities. Cetti's background in portfolio management at St. Petri Capital—a hedge fund platform—positions her to leverage market expertise as Nordea expands its fixed income and rates strategies.
Nordea's Fixed Income Rates Team manages a substantial EUR 40 billion portfolio encompassing covered bonds and other fixed income instruments, with EUR 500 million dedicated to hedge fund strategies. The organization's rates-focused investment platform has demonstrated strong performance, with Nordea Global Rates Opportunity Fund delivering a 25.2% return during its most recent reporting period, placing it among the top ten performing Nordic hedge funds. This performance backdrop underscores the strategic importance of senior strategist roles in guiding portfolio construction and relative value strategies within the rates complex.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.