Nordea's ESG products attracted 90 percent of Q2 net flows

Almost all the new money that flowed into Nordea's USD 455bn wealth and asset management unit in the second quarter was headed for environmental, social or governance investments.
Snorre Storset, who heads Nordea's asset and wealth management arm. | Photo: PR / NORDEA
Snorre Storset, who heads Nordea's asset and wealth management arm. | Photo: PR / NORDEA
By Jonas Cho Walsgard / BLOOMBERG

ESG accounted for 90 percent, or EUR 2.4bn, of second-quarter net flows, and drove funds under management to an all-time high, according to Nordea.

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