NAM lands EUR 2.16bn sustainable mandate with long-standing client

Pensam has decided to continue its collaboration with Nordea Asset Management. The existing equity mandates are converted into a global equity mandate following the MSCI ACWI Climate Change Index.

Anders Madsen, Head of Institutional & Wholesale Distribution in Northern Europe at Nordea Asset Management. | Photo: PR/Nordea

Nordea Asset Management (NAM) and Danish pension fund Pensam have agreed on a global equity mandate at EUR 2.16 billion. The mandate fits Pensam's climate and sustainability strategy.

NAM has previously managed a number of regional equity risk premium strategies covering North America, Europe, emerging markets, Japan, and Pacific on behalf of Pensam.

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