Polar Capital has opened a new office in Stockholm, Sweden, to accelerate the firm's expansion in the Nordic region.
In a statement on 13 September, the specialist active asset management group said as part of the opening, Markus Mikkola will take up a new role as Polar Capital's Regional Sales Executive for the Nordics, supporting the company's existing operations in the area which are led by Peter Leane, Head of Nordic Region.
"We have worked hard to establish strong client relations in the Nordic region as illustrated by the demand for our funds from long-standing investors" Peter Leane, Head of Nordic Region 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."
This represents the next stage of the company's development in the region and highlights Polar Capital's commitment to, and progress in, an area that has been a significant growth area for the firm.
Iain Evans, global head of distribution, Polar Capital, said: "We continue to broaden and deepen our presence and support in the Nordic region. This has become a significant market where investor support for our investment strategies and funds continues to grow. Opening an office in Stockholm was the obvious next step for us and I am confident that under Markus and Peter's guidance, we will continue to see sustained growth in the region."
Based in Stockholm, following his move from the company's London HQ where he was a Client Services Executive, Markus will focus on providing clients with diversified investment solutions, exposure to global and thematic investment portfolios as well as developing the firm's presence regionally and engaging with local investors and wealth managers.
Markus Mikkola, regional sales executive, Polar Capital, said: "I'm incredibly excited about the prospect of launching our office in Stockholm. The Nordic countries are 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."
