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Nordea AM launches externally managed article 9 fund

The largest Nordic asset manager has launched its first externally managed dark green fund.

Photo: PR/Nordea

Nordea Asset Management (NAM) has launched its first Article 9 compliant white label fund, writes Citywire Selector.

The new fund - Nordea 1 - Global Sustainable Listed Real Assets Fund is domiciled in Luxembourg and will be sub-managed by CBRE Investment Management (CBRE IM). The fund managers Jeremy Anagnos and Joseph Smith will invest in listed infrastructure and real estate companies and expect to have a portfolio of between 50 and 80 holdings.

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