Polar Capital, a London-headquartered asset manager specialising in active management, has opened its second office in the Nordic Region and named Markus Mikkola as its regional sales executive for the Nordics.

The new office is located in Stockholm, according to yesterday’s announcement from the firm, which already has an office in Copenhagen.

Peter Leane, head of Nordic Region at Polar Capital, said: “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 pursuing new partnerships.”

Mikkola has moved to Stockholm from the firm’s London offices, where he was client services executive, and is supporting the company’s existing operations in the area which are led by Leane, Polar Capital said.

Mikkola described the Nordic countries as “highly sophisticated markets with high demand for bespoke investment products”.

“The opening of this office therefore represents the next strategic step for Polar Capital in the region, allowing us to drive growth with an already established client base,” he said.

Polar Capital, which had £19.7bn (€22.9bn) at the end of June, also has offices in the US, Germany, Switzerland, France, Spain, China and Singapore.

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