Covid-19 is no game changer for the environment, but makes people realize we're all connected, says AM giant
CLIMATE REPORTING: The ongoing Covid-19 pandemic has raised awareness in the market generally about the potential severity of ESG shocks to a financial market, thinks Senior Director of Nuveen’s Responsible Investing team Sarah Wilson.
Since Goldman Sachs Asset Management brought in Thomas Kønig to rethink its Nordic strategy, he's been reinforcing the regional team. Last year, the industry titan opened a new office in the heart of Copenhagen, and Kønig is still scouting for new profiles, he tells AMWatch.
The fund industry in Sweden could be facing further consolidation due to increased regulation and a reduction of the number of funds in the Swedish Premium Pension System (PPM), writes Swedish financial newspaper Dagens Industri.