Nordea Asset Management is the investment arm of Nordea, the largest financial services group in the Nordic region. Its Portuguese hub opened in 2022 in Oeiras to support European and global operations, starting with 40 employees and a public target of 100+.
The Portuguese operation is based at Q31 — Casa da Quinta, Estrada de Paço de Arcos, n.º 85, 2770-131 Paço de Arcos, in the Oeiras corridor west of Lisbon. The hub supports Nordea’s European and global asset-management business operations, with leadership publicly stating a long-term commitment and a scale-up trajectory through the second half of the decade.
Portugal’s rise as a Nordic financial-services back-office and middle-office hub is one of the quieter but most consistent corridor trends of the post-2020 period. Nordea’s Oeiras presence sits alongside Klarna, Pleo and Saxo Bank in defining the modern Nordic financial-services footprint in Portugal.
Fractio helps Nordic companies enter the Portuguese market — from market sizing to first sales, hiring, and legal setup.
Talk to Fractio →