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Limited Danish interest in major banks' climate impact funds

Retail investors have shown little interest in Danske Bank and Nordea's climate impact funds, writes Danish daily Børsen. Danske Bank faces the consequences.

Photo: WindEurope

Danish private investors have demonstrated limited interest in two investment funds with a sharpened climate impact focus, launched by Danske Bank and Nordea, writes Danish daily Børsen.

Danske Bank's separate climate impact fund, launched prior to the Climate Change Conference in Copenhagen 2009, manages just EUR 106m in assets, and Danske Bank faces the consequences by merging it with a global fund, reports Børsen.

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