Amundi's index lead in the Nordics, Matti Tammi, sees new trends emerging in the passives space. With ten years experience in regional ETF sales, Tammi, a former iShares boss, believes Europe's largest manager is well poised to grow its index franchise.
95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.
"Over the past year, Elo has taken several actions to strengthen the operational models and expertise of the company's management. This work will continue determinedly through successful co-operation with the supervising authority and its authorised representative," Elo writes in a statement.
Despite a surge in the number of capital-raising strategies tied to green power, KGAL business development duo expects renewables to offer sustained opportunities for generating attractive returns as the German manager nears first close of its fifth renewables fund.
In a move to kickstart the energy transition globally, the Ikea Foundation and the Rockefeller Foundation announced today that they will each donate USD 500m to support distributed renewable generation projects in developing nations.
A Swedish hedge fund that returned roughly four times the industry average last year using artificial intelligence won’t touch Bitcoin, based on an assessment that the cryptocurrency doesn't lend itself to sensible analysis.
More than half the money that flowed into European funds last year went into sustainable products, according to the Association of the Luxembourg Fund Industry, which represents the region’s biggest fund market.
Denmark's largest pension company ATP and hardtech fund Nordic Alpha Partners may have made an extraordinarily favorable investment in selecting Green Hydrogen Systems. ATP Head of Equities Claus Wiinblad calls it a risky investment with considerable upward momentum.
Swedish hedge fund Brummer has spent the Covid crisis jettisoning managers that failed to deliver adequate results, creating room for newcomers to fill the gap. Now, the firm is partnering with two investment teams in the U.K.