AMWatch

Danske Bank AM wants to double its number of green funds

The number of Article 8 and 9 funds will be doubled at Denmark's biggest asset manager, which wants "to be more precise" about its sustainability work.

CEO at Danske Invest, Robbert Mikkelstrup | Photo: PR

Danske Bank AM has plans to roughly double its number of sustainable investment funds, meaning they would have 136 Article 8 funds and 10 Article 9 funds, Danish financial media Børsen Pro reports.

Article 9 funds are often called "dark green" as they must live up to the strictest environmental requirements and work towards a sustainable goal, while "light green" Article 8 funds have less rigid criteria and must simply "advance sustainability."

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

PFA says three big changes will bring better returns

To get returns on the same level as other pension firms, PFA has made three big changes to its portfolio, including taking on more risk, says the firm, which doesn't fear a backlash from this year's predicted unsteady market.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch