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NAM's two biggest Q1 mandates came from outside Europe

”Our ESG products are quite popular with the institutions, and not only in Europe anymore,” says Snorre Storset, head of Asset and Wealth Management at Nordea, and elaborates on the details to AMWatch.

Snorre Storset, Head of Asset and Wealth Management at Nordea | Photo: Nordea

Nordea Asset Management (NAM) signed two large mandates with institutional investors in Asia and in the US for ESG strategies during the first quarter.

“Our two biggest inflows in the first quarter were a big Japanese institutional investor that invested EUR 150m in the Global Stars Equity product, and a US institution that invested around USD 500m in our Climate & Environment Strategy,” says Snorre Storset, head of Asset and Wealth Management at Nordea, in an interview with AMWatch.

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