Over the first three quarters of this year, assets under management at Finland’s S-Bank declined to EUR 7.05bn from EUR 7.69bn at the end of 2021. However, in the third quarter, the company added EUR 0.07bn to its assets under management.
A report examining investments in illegal Israeli settlements on the Palestinian West Bank reveals that Norway’s oil fund is the largest investor in 50 companies located there, and that AB Industrivarden and Nordea are also among the 10 largest.
Once again, AMWatch is handing over the mic to international asset managers with a Nordic presence during the festive season. This time our December/New Year series is being kicked off by Ulrik Holm Oxfeldt, head of Nordics at US-based firm Columbia Threadneedle.
Funds linked to environmental, social and governance principles are by definition supposed to minimize risks tied to those three factors. In 2022, the approach did little to help protect investors from the brutal slide in the financial markets.