Danske's sustainable flagship fund loses its co-lead
Danske Bank’s DKK 21bn (EUR 2.8bn) global sustainable equity strategy, which was launched in 2020, is losing its chief portfolio manager .He is the last of the crew that led the launch of the Global Sustainable Future strategy to leave the firm.
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.