SEB expands market research department in Norway and creates international sales team in Denmark; Danske Bank makes more staff changes and Swedish subsidiary for Storebrand Asset Management names a new director.
After Danish media outlets revealed that four Danish pension companies invest in nuclear weapons, members at Lægernes Pension pressured the fund to divest, citing a 2017 UN treaty. The man behind these efforts hopes others will follow suit.
The Danish FSA, Finanstilsynet, states that asset managers are using the EU’s sustainable finance disclosure regulation to signify quality, which is not the point of the legislation. In fact, the FSA states it is the opposite of what the EU intended.