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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Nordea Asset Management Hunts Global Sustainability in New Fund

Posted on 28 August 2015

Nordea Asset Management, which oversees about $320 billion, is creating a new fund to target ethical assets globally as appetite for sustainable investments rises. Nordea Asset Management, one of the biggest investors in the Nordic region, is by no means alone in carving out ethical return goals.
Norway’s $840 billion sovereign wealth fund, the world’s largest, has long shunned firms identified by an ethics council as employing dubious practices. This month, the wealth fund targeted palm oil producers, and excluded Daewoo International Corp. and Posco from its investments………………………………………..Full Article: Source


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