Storebrand and AMX launch tax transparent ESG fund aimed at European pension investors

Norway's largest asset manager is now launching a tax transparent fossil-free equity strategy in partnership with AMX. The new fund is aimed at European pension fund and Storebrand highlights the fund's importance for its international growth.

Jan Erik Saugestad, CEO at Storebrand Asset Management. | Photo: PR / Storebrand Asset Management

Norway's largest asset manager is launching a tax transparent ESG fund in Ireland alongside AMX. The New Common Contractual Fund expects to deliver tax savings for Storebrand's UK pension fund clients, including East Sussex Pension Fund (ESPF).

"This will allow ESPF to access cost savings offered by the tax transparent structure of the fund and has enabled them to address and lower their exposure to climate risk. The fund has also attracted additional commitments from institutions that are in the process of funding," the parties write in a press statement.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

PFA says three big changes will bring better returns

To get returns on the same level as other pension firms, PFA has made three big changes to its portfolio, including taking on more risk, says the firm, which doesn't fear a backlash from this year's predicted unsteady market.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch