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Asset managers hoping for data help from the EU

Data on company sustainability is still so poor that asset managers struggle to put it to use, according to industry professionals attending a conference on Nordic asset management. A list of new initiatives, however, may boost the development.

"I think that the challenge, as I experience it, and which I believe is fairly common, is the challenge on data and data quality,"Ulrika Hasselgren, a former sustainable investment executive at Danske Bank, who is now independent, organized by ALFI – Association of the Luxembourg Fund Industry | Photo: Jan Bjarke Mindegaard

Investors are having a hard time finding reliable comparable data on sustainability these days. This is the joint message coming from a panel of participants at a conference on Nordic asset management, which was held on Tuesday by the ALFI – Association of the Luxembourg Fund Industry.

"I think that the challenge, as I experience it, and which I believe is fairly common, is the challenge on data and data quality," said Ulrika Hasselgren, a former sustainable investment executive at Danske Bank, who is now independent.

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