Stockholm (HedgeNordic) – Northern Trust Asset Management has appointed Alexandra Kovalenko (pictured) as the new head of the Nordic Region to replace Erik Norland, who joined V-Square Quantitative Management this summer after 11 years on this role. Kovalenko, who joined Northern Trust in 2017 and later joined its asset management arm in 2019, has been appointed as head of its Swedish branch responsible for leading sales across the Nordic region.
“At Northern Trust Asset Management, we believe investors should be compensated for the risks they take – in all market environments and any investment strategy,” says Marie Dzanis, head of NTAM for Europe, Middle East and Africa (EMEA). “We’re seeing continued demand from investors across the Nordic region for sustainable investing solutions, particularly within our Environmental, Social and Governance (ESG) quantitative active strategies and ETF funds,” she continues. “Through Alexandra’s leadership, expertise and local experience, we will be well placed to support our Nordic clients in achieving their investment goals.”
“We’re seeing continued demand from investors across the Nordic region for sustainable investing solutions, particularly within our Environmental, Social and Governance (ESG) quantitative active strategies and ETF funds.”
Alexandra Kovalenko joined Northern Trust Asset Management in 2019, having previously held sales roles in Northern Trust’s Corporate & Institutional Services (C&IS) sales team. Before joining Northern Trust in May 2017, she worked as an equity sales trader with Goldman Sachs in London across multiple execution desks. Kovalenko holds a bachelor’s degree in Economics from University College London (UCL).
“Through Alexandra’s leadership, expertise and local experience, we will be well placed to support our Nordic clients in achieving their investment goals.”
Northern Trust Asset Management first established a presence in Sweden in 2009 to meet increasing demand from Nordic-based clients for its range of investment management solutions. According to the IPE Survey of Nordic Institutional Assets from December 2020, Northern Trust Asset Management ranks as the 4th largest manager of Nordic pension assets in the Nordic region, the 4th largest manager of global equities, as well as the 8th largest manager of Nordic institutional assets.