Responsible Investing

Swedish defense fund becomes first in Europe to be classified as Article 8

Once upon a time, investments in defense and security were considered controversial. Now, in view of the changed geopolitical realities, they have become part of the responsible investments universe.
Major General Karl Engelbrektson, the former Swedish army chief, is head of the fund's advisory board. | Photo: Finserve Nordic / PR
Major General Karl Engelbrektson, the former Swedish army chief, is head of the fund's advisory board. | Photo: Finserve Nordic / PR
by KIM WIESENER

Sweden’s Finserve Nordic has become the first fund manager in Europe to classify a defense fund as Article 8 according to the EU’s Sustainable Finance Disclosure Regulation (SFDR), a press release reads.

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