Most likely divestors of Danske stock are pension funds, says Lead Resarcher at ESG think tank

The latest development in the Danske Bank money-laundering case is unlikely to influence ESG agencies' rating of the equity as it should have been factored in already. The investors' view, however, is more debatable, according to a lead researcher from an ESG think tank.

Investment committees across the Nordics are currently discussing their view on Danske Bank's equity in the wake of the money-laundering case.

The recent development, however, should not affect the views on the equity of vendors such as RepRisk or Sustainalytics, according to Jane Thostrup Jagd, lead researcher at the think tank Center for ESG Research -- because the case initially became known to the public in 2017.

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

ATP to pressure portfolio companies with new tool

Starting next year, companies will be required to divulge the proportion of investments and revenue which can be classed as sustainable. This is meant to provide institutional investors with far better means to push carbon-intensive businesses in a greener direction, says ATP about vastly improving its active ownership.

GSAM bets on millennials

Through a partnership with Max Matthiessen and its fund firm Navigera, Swedish customers can get access to one of Goldman Sachs Asset Management’s active equity strategies. It’s one that is based on the rise of a powerful consumer force, portfolio manager Laura Destribats says during a Stockholm press meet.

Further reading

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