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Nordea Asset Management's new Singapore hub to capitalize on growing APAC interest in ESG

This will be the first ESG unit the manager has opened outside of the Nordics. Nordea hopes this will make the company better-equipped to deal with products related to Asia.
Snorre Storset, Head of Asset and Wealth Management at Nordea | Photo: Nordea
Snorre Storset, Head of Asset and Wealth Management at Nordea | Photo: Nordea
BY MARTIN FUGLSETH KOLDEN, TRANSLATED BY CATHERINE BRETT

On Thursday, Nordea Asset Management announced that it is establishing an ESG hub in Singapore, which it expects to be in place by the end of 2021, pending a response from the Singaporean authorities.

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