AMWatch

Storebrand adds new fossil-free fund as institutional demand soars

Norway's biggest asset manager is expanding its range of fossil fuel free equity index funds with a European offering. Demand has been high for "climate-smart" savings products -- and from instituional investors in particular, says the CEO of Storebrand Asset Management unit SPP Fonder.

Åsa Wallenberg, CEO at SPP Fonder that offers a range of fossil free equity index funds | Photo: SSP Fonder

To accommodate the growing investor demand for sustainable investment products, Norwegian Storebrand Asset Management has now added to its range of fossil-free equity index funds by launching the SSP Europe Plus fund.

The SSP Plus funds are a range of index funds which avoid investment in companies extracting or distributing fossil fuels and companies with large fossil-fuel reserves.

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