Fund manager Polar Capital has opened an office in Stockholm to accelerate the firm’s expansion in the Nordic region.
The firm also announced that client services executive Markus Mikkola will move from the London office to take up a role in the Stockholm office as regional sales executive for the Nordics.
Peter Leane, Polar Capital’s head of Nordic region, said: “We have worked hard to establish strong client relations in the Nordic region as illustrated by the demand for our funds from long-standing investors.
“The opening of our Stockholm office underscores the importance of the Nordics to Polar Capital and will enable us to further consolidate existing relations as well as to pursue new partnerships.”
Iain Evans, global head of distribution at Polar Capital, added: “Opening an office in Stockholm was the obvious next step for us and I am confident that we will continue to see sustained growth in the region.”
‘Highly sophisticated markets’
Mikkola will focus on providing clients with diversified investment solutions and exposure to global and thematic investment portfolios. His role will also include developing the firm’s presence regionally and engaging with local investors and wealth managers.
He commented: “The Nordic countries are highly sophisticated markets with high demand for bespoke investment products.”
Polar Capital started in 2001 and has offices in the US, Germany, Switzerland, France, Spain, Denmark, China and Singapore, as well as in London and Stockholm.