AMWatch

ESG investors turn to emerging markets, defying skeptics

Money managers who have already spent time digging around for sustainable investments in emerging markets say ESG is definitely gaining a foothold, but from a rocky beginning.
Nordea's Thede Ruest, East Capital's Katrine Hirn, Terra Nova Capital's Burton Flynn and Ivan Nechunaev and Tundra's Mattias Martinsson | Photo: PR / Nordea, Capital Four, Evli & Tundra Fonder
Nordea's Thede Ruest, East Capital's Katrine Hirn, Terra Nova Capital's Burton Flynn and Ivan Nechunaev and Tundra's Mattias Martinsson | Photo: PR / Nordea, Capital Four, Evli & Tundra Fonder
By Leo Laikola and Hanna Hoikkala / BLOOMBERG

Fund bosses in Europe's North, where climate-friendly investing has gone mainstream, have started looking much further afield to find cheap assets they say will eventually meet their environmental, social and governance goals.

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