Investment funds managed by Nordea Asset Management, Pimco and JP Morgan Asset Management are well placed to end 2016 as the top sellers in Europe.

Nordea’s €18.6 billion Stable Return multi-asset fund – which closed to new investors in September due to capacity concerns – topped the flows chart for the year to November 30, pulling in a net €10.7 billion during the period, according to data supplied to FN by Morningstar.