Saxo Bank Partners with Nasdaq for a New Investment Management Product

[kreslik.news]

Danish multi-asset brokerage Saxo Bank has teamed up with Nasdaq to provide portfolio management services. A selection of stocks have been included into the Nasdaq DW Global Momentum portfolio that is based on Nasdaq’s Dorsey Wright research. The portfolio is focused on developed and emerging markets stocks and does not include U.S. shares.

The goal of the service is to deliver to clients a tailored and cost-effective way to invest in a portfolio that includes 30-40 quality stocks. The composition is based on a “relative strength” ranking which is formulated by Dorsey Wright (DW), which is Nasdaq’s subsidiary for investment research ... (read more)