Danish managers divested Belorusian sovereigns after sanctions – Nordea holds fast
Despite sanctions imposed by, among others, the EU and the US against Aleksander Lukashenko's régime in Belarus, Nordea maintains its investments in Belorusian government bonds. Sparinvest, Bankinvest and Jyske Invest sold theirs, though.
BY MADS ODDERSHEDE, FINANSWATCH
Electoral corruption and suppressing the population are a few of the things Belorusians have subjected to during this last half year, which has triggered sanctions from the EU, the US, the UK and Canada.
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KLP and the KLP funds are excluding the American machinery manufacturer due to the risk of contributing to violations of human rights and international law in the West Bank and Gaza.
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American Century’s Pia Michelsson tells AMWatch that impact investing in the Nordic region is ”next level” in this first article of our 2024 Summer Series featuring international asset managers.
The Head of Danske Bank Asset Management, Christian Heiberg, had expected more new mandates by now for its EMD strategy, which has shown world-class performance since a new team took over.
Northvolt, the Swedish manufacturer of sustainable batteries for electric vehicles, is facing a mountain of problems as the market for its products appears to be saturated.
The owners of infrastructure fund manager AIP Management have sold the majority of their shares to Storebrand, one of Norway’s largest financial groups.
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American Century’s Pia Michelsson tells AMWatch that impact investing in the Nordic region is ”next level” in this first article of our 2024 Summer Series featuring international asset managers.