OP plans to upgrade funds and launch new dark green fund
Fresh statistics suggest that the wave of Article 9 fund downgrades is now over. CEO of OP Asset Management Tuomas Virtala explains OP’s plans for its ESG funds and how it aims to avoid downgrading.
Finland’s OP Asset Management envisions launching a new dark green fund later this year, CEO Tuomas Virtala says. The company is also in the process of upgrading some of its investment products as Article 8 funds according to the EU’s Sustainable Finance Disclosure Regulation (SFDR), and is determined to avoid downgrading its Article 9 funds like some of its peers have done.
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