A senior equity trader at Nordea Asset Management has departed and joined Danish boutique asset manager BLS Capital to head up its trading activities.

Malene Forup confirmed on LinkedIn that she joined BLS Capital as head of execution in Copenhagen this month, after two years as a senior equity trader at Nordea Asset Management.

Forup has extensive buy-side trading experience and initially joined Nordea Investment Management as a senior trader in 2000, spending seven years in the role.

She then spent more than 11 years as head trader for equities in Europe, the Middle East and Africa (EMEA) at Singapore based fund management firm GIC, prior to her most recent role at Nordea Asset Management.

The buy-side trading appointment follows a series of senior trading moves in the last six months as the buy-side continues to re-calibrate itself.

In February, Santander Asset Management’s head of dealing for the UK, Danny Ramos, departed after 14 years with the firm, while Vontobel Asset Management appointed former multi-asset trading head at Pictet Asset Management, Jean-Michel Manry, to lead its fixed income trading business.

The moves were followed swiftly in March by the news that BNP Paribas Asset Management had appointed 20-year BNP Paribas executive, Inés de Trémiolles, as its next global head of trading.  

The post Senior equity trader at Nordea AM appointed head of execution at BLS Capital appeared first on The TRADE.

The head of fixed income trading at Nordea Asset Management has left the firm following a business reorganisation, a spokesperson has confirmed.

Brett Chappell first joined Nordea’s banking division in 2001 as a chief sales manager for credit bonds, credit derivatives and interest rate derivatives.

He moved to Danske Bank in 2007 where he was head of DCM sales for almost eight years, selling credit bonds and other fixed income products to large institutional investors.

In 2014, Chappell returned to Nordea as head of fixed income trading within its asset management business based in Copenhagen. 

Jakob Jessen, head of illiquid execution at Nordea Asset Management, commented in a statement: “Due to a reorganisation at Nordea Asset Management, Brett Chappell has decided to seek new opportunities outside Nordea.

“We’ll like to thank Brett for his dedicated work during the last four years in the bank and we wish him all the best in his future endeavours.” 

The post Nordea’s head of fixed income trading departs amid reorganisation appeared first on The TRADE.