As part of its ESG-enhanced fund concept Stars, Nordea is launching a new equity fund focusing on health care, technology and sustainability. The Stars concept ensures that only companies performing well on ESG issues can be included in the portfolio, reveals a press release from Nordea.
"This is a fund that invests in highly interesting sectors that we see a great demand for among our customers. Seen from many points of view, we find additional value in the fund also complying with our Stars concept. For example, we get better evidence of the risk factors affecting each company, which we are convinced will increase the chances of good long-term returns," says John Hernander, head of Nordea's Nordic asset management team, in the press release.
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