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THE NATIONAL Asset Management Agency (Nama) is seen as “road-testing” a European flagship model to address long-term problem property loans, according to the chief investment officer of London-based wealth management firm Sarasin Partners.

Guy Monson, managing partner of Sarasin, which is part of Dutch group Rabobank and has £8.6 billion in assets under management, said Nama was like “a laboratory” for other euro countries. “People are looking to see if an economy as flexible as Ireland can manage to make these challenges,” he said.