Crédit Agricole Asset Management is set to launch its Nordic Portfolio, a new subfund including CA Funds, its Luxembourg-based flagship fund range for international institutional clients and third-party distributors.
The firm believes Scandinavia offers a good leverage to benefit from the economic recovery, thanks to its heavy weight in technology and cyclical stocks. The region has also benefitted from earlier deregulation of telecoms and acts as a "future laboratory" for the rest of the world.
