Nordea Asset Management is planning to open an ESG hub in Singapore.

Nodea says the hub will allow the firm to be closer to its clients in Asia-Pacific and better understand how the region’s companies are embracing sustainability. It will include a group of Nordea ESG analysts with local knowledge and perspectives that will add value to NAM’s ESG integration process and enhance the ability of portfolio managers to identify the winners of tomorrow – a key tenet of the group’s ESG ‘STARS’ fund range.

Nils Bolmstrand, CEO of Nordea Asset Management, says: “NAM is pleased to establish an ESG hub in Singapore, which will enable us to enhance our local servicing, ESG capabilities, investment platform and distribution reach in the region. Sustainability issues have gained significant interest in Asia in recent years, and investors are increasingly asking for ESG solutions. The time is right to meet that demand.”