UBS AM: Too early to conclude SFDR impact on client allocation despite many questions raised
European ETFs had a record-high quarterly inflow in Q1, during which more than half of the money went into ESG ETFs. With new regulation in place to showcase green investment products, asset managers will be able to see if the new regulation leads to large shifts in client allocations in the months to come, says UBS AM's Nordic ETF sales head.
Two years ago, KLP Kapitalforvaltning accounted for 4 percent of inflows to Norwegian retail funds. Now, its share is 17.6 percent. "It's been a dramatic change," says CEO Håvard Gulbrandsen, who thinks sustainable funds, low prices and new dynamics in the Norwegian retail market are responsible.
The Swedish Pensions Agency has been busy recently, with a first foray into real estate and new terms and conditions for its fund platform meaning lower fees for savers. Fund department chief Erik Fransson also discusses whether going fossil free has had an impact on returns.
Five new guidelines aim to create more transparency about how Danish pension funds asses the value of unlisted assets – but according to several pension firms, they already live up to these principles.