[ M E E T T H E D E S K | N O R D E A A S S E T M A N A G E M E N T ]
make each other better”.
The final ingredient the coheads highlight is one that is, they acknowledge, often overlooked across the trading sphere: passion.
While markets can be demanding, Mølkjær affirms that genuine enjoyment of both the work and the team creates momentum that sustains performance over time.
“ People stay because they’ re challenged, trusted and keep learning,” he says, describing this as one of the desk’ s internal superpowers.
The result is a culture where experience compounds, enthusiasm remains high, and strong performance can be sustained.
Interestingly, both Folke and Mølkjær make a point throughout the conversation to highlight how the set-up itself has been key, forged to be intentionally flat in structure – arguably the key to the desk’ s long-standing success.
As Mølkjær explains:“ Our Scandinavian approach to leadership is a real asset in building high-performing teams. Rather than relying on rigid hierarchies, we focus on empowering individuals- giving people ownership, trust, and the freedom to make decisions. We believe the strongest organisations
“ The greatest value increasingly comes not from simply having information, but from applying judgement, creativity and independent thinking to complex problems.”
KASPER FOLKE, CO-HEAD OF GLOBAL TRADING
are built around people you can rely on, not layers of management.”
‘ The mission is simple’ So, who are the people behind the magic? The headlines are that NAM’ s trading team is a centralised, fully unbundled, client-first trading desk in the Nordics operating at real scale, covering all asset classes, both order generation and order execution under one roof.
The firm’ s scale is of course notable, with ¤ 2 trillion in annual trading volume, more than a million orders placed in the market each year, and approximately 120 counterparties onboarded across multiple trading protocols and platforms.
However, despite the impressive numbers, both Mølkjær and Folke are quick to highlight that the way the trading team is set up means every client – not just the biggest – feel the leverage gained from the scale, asserting that for the desk,“ the mission is simple”.
“[…] to enable our investment teams to create alpha and preserve that alpha in our clients ' portfolios, through efficient portfolio implementation and execution, and by empowering our traders with bestin-class technology, data and AI,” explains Folke. Speaking to the setup of the team itself, Folke further shares that a key aspect is the fact that those
44 // TheTRADE // Q2 2026