AMWatch

A lot of cash chasing a limited number of green companies comes with its risks, says Odin's CIO

"Many firms that have good, sustainable business plans have not generated business yet but have managed to attract a lot of money," says Odin Fund Management's CIO Alexander Miller.

Alexander Miller, CIO of Odin Fund Management | Photo: PR / Odin Förvaltning

The ongoing growth in ESG investments is like a technical revolution, a massive change affecting virtually every company, says Odin Fund Management CIO Alexander Miller to AMWatch.

"There is a big demand for green funds but at the same time not that many companies are really green or sustainable. So, a lot of funds are chasing a few companies, which means that pricing-wise it is a bit crazy," Miller says and adds:

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

After two years of preparation: Robur launches dark green prestige fund

Sweden's largest fund manager is launching a climate impact fund with Swedbank's insurance unit as anchor investor. "We've had some great interest from larger investors and are in close contact with several potential investors that have expressed an interest," the new fund's portfolio manager tells AMWatch.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch