Nordic-based green bond platform Green Assets Wallet is expecting to get 150 issuers on board by the end of the year. The project recently became an independent company and expects to introduce fees for investors who are looking for a time saving solution to measure the impact of their green investments.
Realdania, a Danish philanthropic organization, is searching for a global equity manager qualified to make impact investments in listed markets. The equity mandate is expected to consist of EUR 23-46 million.
The fact that the Bank of Finland has decided to create a new role within responsible investments reflects its dedication to focus more on the theme, Ilmarinen's head of responsible investments, Anna Hyrske, says to AMWatch. Hyrske is joining the central bank in the summer.
Denmark's largest commercial pension fund has signed up to the Net-Zero Asset Owner Alliance. The 2019 initiative aims for zero carbon emissions from investments and had Nordic investors including Alecta, AMF Pension, Folksam, Nordea Life and Pension, Storebrand and Pensiondanmark among its founders.
SEB is the largest microfinance fund provider in the Nordics, and a new fund launch is imminent. But will the historically reliable asset class withstand the impact of a global economic shutdown? Swiss microfinance firm Symbiotics sees investment opportunities emerging from the crisis - and different types of investor are starting to embrace the asset class.
Columbia Threadneedle has acquired a majority stake in a data center located in a former mine in Norway for one of its sustainable funds. The US asset manager expects strong growth in the data center market.
With the inclusion of sustainability adviser Malene Bason in its partnership circle, Atrium Kapitalforvaltning is ready to take a stand in the name of sustainability. Part of the vision is to launch a Nordic venture fund with sustainable startups. "It can really make a difference," the new partner says.
The bank-owned asset manager is gradually expanding its alternatives offering, and head of asset management sales Denmark recently saw his Copenhagen-based team grow by a client executive with green credentials as part of this process.
International pension funds and investors may invest billions more in green assets, says former PKA boss and current IIGCC chairman Peter Damgaard Jensen, after a meeting with Nordic climate ministers and Nordic investors including Storebrand, AP4 and Varma.
It is a misconception that high ESG ratings mean positive impact - impact and ESG are fundamentally different concepts, and shouldn’t be confused with one another, according to fresh report by The Upright Project.
Ethical investment funds have fared better than the general stock indexes during the recent market turmoil. Sectors favored by ESG managers like tech, telemedicine and distance learning are trending whereas oil and energy sectors are dragging down the general indexes.