State fund selection agency to launch first procurement early 2023
Swedish pension agency had its first informational meeting with the fund industry on November 18. Amid a large turnout, the agency explained that procurements will be taking place between 2023 and 2025.
The Swedish Fund Selection Agency, the new premium pension entity that will be responsible for procuring funds to Fondtorget, is in the middle of an extremely intensive period. It was formally established and operational during Midsummer 2022.
A report examining investments in illegal Israeli settlements on the Palestinian West Bank reveals that Norway’s oil fund is the largest investor in 50 companies located there, and that AB Industrivarden and Nordea are also among the 10 largest.
Once again, AMWatch is handing over the mic to international asset managers with a Nordic presence during the festive season. This time our December/New Year series is being kicked off by Ulrik Holm Oxfeldt, head of Nordics at US-based firm Columbia Threadneedle.
Funds linked to environmental, social and governance principles are by definition supposed to minimize risks tied to those three factors. In 2022, the approach did little to help protect investors from the brutal slide in the financial markets.