Varma launches ETF with strict ESG criteria: "We wanted outright an investment target where we can play a central role in planning the fund's strategy"

When you do not find the product you need to realize your aims, you have to take the initiative yourself and launch the product yourself, says Varma Investment Director about Varma’s new fund developed together with LGIM and Foxberry.

Varma Investment Director Timo Sallinen explains to AMWatch that the idea to design the fund came from Varma. | Photo: Marjut /Varman viestintä

BY REETA ILONA PAAKKINEN

This week, Finnish Varma launched an ETF in cooperation with Legal & General Investment Management (LGIM) and Foxberry, which focuses on European equities with a strict ESG criteria.

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Varma launches ETF with strict ESG criteria: "We wanted outright an investment target where we can play a central role in planning the fund's strategy"

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Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager