Nordea Asset Management (NAM) has decided to exclude all Russian investments, including government bonds, equities and bonds. NAM has been in the process of reducing its exposure to Russia for some time and, in line with the exclusion decision, will continue to do so further to the extent possible.
All Nordea funds are covered by the exclusion. While some funds have rules that can require them to keep some Russia exposure, this is being looked into.
The full exclusion follows a quarantine decision on Russian government bonds and equities and bonds in state-owned or controlled enterprises which entered into force on 23 February.
Read also: Nordea stands by Ukraine
Markets and investment
As the European regulatory environment for cryptocurrencies has matured and the demand for virtual currencies and cryptocurrencies is growing across the Nordics, Nordea has decided to allow customers to trade in a crypto-linked product on its platforms.
Read more
Markets and investment
Our analysis of the main public infrastructure programmes in Europe points to a substantial step-up in investment due in 2026, which contrasts with the capital drain we’re seeing for US cleantech. This is driving investors’ sentiment for infrastructure, which, for the first time in years in Q2 2025, was higher in Europe than in the US, topped by the Nordics.
Read more
Corporate insights
Despite global uncertainties, Sweden’s robust economic fundamentals pave the way for an increase in corporate transaction activity in the second half of 2025. Nordea’s view is that interest rates are likely to remain low, and our experts accordingly expect a pickup in deals.
Read more