Spanish¬†online journal El Confidencial has today published an article on Nordea Strategic Asset Allocation, under the following heading:
PRESERVATION OF CAPITAL AND SUSTAINABLE RETURNS, WITH NORDEA
Sadly, little does the author know about the real predatory nature of this product, the careless and incompetent people that run it and the devious lawyers that protect it. Not to mention that, once you have been ripped-off, you will be told that Spanish regulators¬†have no jurisdiction over Nordea activities in the country.
At ERVA, we think it is time¬†to rename this product and have proposed the following:
- Sourcing Assets Abroad
- Stealing Abodes Abroad
- Strategic Abode Allocation
- Strategic Apartment Appropriation
Let us have your comments!