Nordea Asset Management (NAM) has inked its first Swiss deal as part of a new partnership model for its BetaPlus product line.
The partnership with the unnamed cantonal bank will see the latter invest $100m (CHF 88m), Citywire can reveal.
The BetaPlus range was launched in 2009 and uses a blend of passive and active investment strategies, targeting excess returns with a lower risk rate.