Senior equity trader at Nordea AM appointed head of execution at BLS Capital

New head of execution at BLS Capital has extensive buy-side trading experience with the last two years spent as a senior trader at Nordea Asset Management.

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.