ICICI Pru ties up with Europe-based Nordea

ICICI Prudential Asset Management, the country’s third-largest fund house, has entered into a partnership with Europe-based Nordea Investment Management AB Sverige (Nordea AM) the Asset Management entity of the Nordea Group, with market capitalisation of $ 30 billion. Nordea will showcase ICICI Prudential AMC exclusively as its Indian advisor and sub-advisor of choice throughout its retail, private banking and institutional segments across Europe.