NETHERLANDS/DENMARK – Danske Capital, the asset management arm of Danske Bank, has appointed ING Investment Management to manage its e200m global high yield fund.

Danske Bank recently began offering its clients ING’s global high yield product and ING says the latest move is an endorsement of the firm’s successful track record in high yield investments.

Danske Bank is a top three financial institution in the Nordic region and market leader in the Danish asset management industry, the fifth biggest in Europe.