...and more about people

Changes to the teams at several small asset managers in the Nordics and a few new heads at major asset managers. Those are some of this week's job moves.
This is an image for genre purpose. It does not represent one of the job changes mentioned in the article. | Photo: Photo by rawpixel.com from Pexels
This is an image for genre purpose. It does not represent one of the job changes mentioned in the article. | Photo: Photo by rawpixel.com from Pexels
BY CAMILLA JENKEY

Thorodd Bakken new Head of Nordea Markets

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The environmental, social and governance ratings of exchange-traded funds are set to be downgraded by index provider MSCI. | Photo: Delcia Lopez/AP/Ritzau Scanpix

Hundreds of funds set to lose ESG rating