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Nordea AM notes ESG uptick with new pension clientele from South America

Nordea Asset Management notes fine initial traction from Chilean and Brazilian pension funds into its ESG strategies during Q1, says CEO Nils Bolmstrand, who also notes a positive momentum in Southern Europe.

"Over last couple of years, have continued to grow in Latin America through large reputable banks, but we also see growth continuing in Southern Europe," Nils Bolmstrand, CEO at Nordea Asset Management, says to AMWatch. | Photo: PR / Nordea Asset Management

In 2020, Nordea Asset Management's business increased, particularly in Latin America, where local pension funds are increasingly aware and interested in ESG investing, says CEO Nils Bolmstrand.

"Over the last couple of years, we have continued to grow in Latin America through large reputable banks, but we also see growth continuing in Southern Europe," Bolmstrand says to AMWatch.

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