AMWatch

One up and one down for DNB's green fund management duo

One of Norwegian bank DNB's environment funds – DNB Eco Absolute Return retail – focuses on the managers' ability to beat the market. The past year has shown very poor results.

One of DNB's envirornment funds is having a very weak period. | Photo: PR

With the environment fund DNB Miljøinvest Fund, portfolio managers Jon Sigurdsen and Christian Rom of Norwegian Bank DNB have delivered an annual return of more than 17 percent over the past three years, and so far this year, that number is over 21 percent.

Still, Norwegian business daily Dagens Näringsliv wonders why another mutual fund with an environmental tilt – DNB Eco Absolute Return retail (ECO) – with the same management duo and apparently the same investment profile is currently at the bottom of the Oslo Stock Exchange's fund list.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

PensionDanmark CEO on how to develop society with pension money

PensionDanmark is set to invest in green ferries that run between small Danish islands. To CEO Torben Möger Pedersen, the venture is a floating Public-Private Partnership that fits into the EUR 43bn pension fund’s ambitions to solve societal challenges.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch