Nordea AM launches climate and social fund

Nordea Asset Management has unveiled the Global Climate and Social Impact strategy.

Nordea AM says the strategy is a global fundamental bottom-up fund built on a ESG research platform where impact analysis is integrated and is a thematic global equity product managed by the ESG thematic boutique behind the Nordea 1 – Global Climate and Environment Fund. It is classified Article 9 under SFDR.

Thomas Sørensen, co-manager of Nordea’s Global Climate and Social Impact strategy, comments: “The climate crisis is an issue demanding our attention, yet there is also a fundamental need to address the social issues facing society today. Companies that offer solutions to these problems represent a compelling proposition for investors. New consumers care not only about what the products are made of, but how they are made. That’s why we look for companies that marry purpose and profits.”