To upgrade or downgrade – Nordic managers disagree on SFDR

Some Nordic managers seek to issue new Article 9 funds despite much uncertainty in the field, while others say moving too fast can undermine investors’ trust in ESG investing.
CEO of KLP Asset Management Håvard Gulbrandsen, CEO of Storebrand AM Jan Erik Saugestad, CEO of Bankinvest Lars Bo Bertram and CEO of Handelsbanken Fonder Magdalena Wahlqvist Alveskog. | Photo: PR: Companies.
CEO of KLP Asset Management Håvard Gulbrandsen, CEO of Storebrand AM Jan Erik Saugestad, CEO of Bankinvest Lars Bo Bertram and CEO of Handelsbanken Fonder Magdalena Wahlqvist Alveskog. | Photo: PR: Companies.

It has been two years since asset managers were brought under the mandatory disclosure regime of the EU’s Sustainable Finance Disclosure Regulation (SFDR), but the approach to the regulation among Nordic managers remains widely different. 

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