British pension fund picks Storebrand for major climate mandate

East Sussex Pension Fund has invested GBP 400m (EUR 440m) in one of Storebrand's fossil-free index strategies. UK-based pension schemes show strong interest in green investment strategies, according to Tim Heffer, managing director in the UK for the Storebrand subsidiary Skagen Funds.

Tim Heffer, managing director of Skagen Funds, UK & Lauren Juliff, Head of UK institutional and climate specialist of Skagen Funds | Photo: PR / Storebrand

by SØREN RATHLOU TOP

Storebrand Asset Management has been awarded its first major UK pension fund mandate following a GBP 400m investment by the East Sussex Pension Fund (ESPF).

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Storebrand after green pledge with Danish schemes: This cements our position as a Nordic actor

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Front page now

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager