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On the lookout for solutions Nordea Asset Management‘s (NAM) innovative ESG STARS solutions offer clients a wide range of building blocks to construct future-proof, sustainable portfolios.
The inclusion of environmental, social and govern- ance (ESG) aspects in investment decisions has become mainstream by now, encouraged by regu- latory measures and social interest. The summer of 2022 saw additions to MiFID II, which brought about major changes for the advisor community, not least the need to incorporate sustainability preferences in the overall client suitability assessment. NAM has built up expertise in responsible and sustainable investing over 35 years. In the search for sustainable solutions, Christophe Girondel, Global Head of Institutional and Wholesale Distribution at NAM, points to NAM’s renowned ESG STARS strat- egies. These look to proactively identify the leaders of tomorrow. ”The teams behind our ESG STARS strategies focus on companies that have sustainable business models and that act responsibly in relation to all stakeholders – employees, suppliers, customers, investors, and society at large,” says Girondel. NAM‘s first ESG STARS vehicle was launched in 2011. Today, the suite contains 15 Nordea 1 funds across both the equity and fixed income asset classes. All ESG STARS
Clients can choose from the various building blocks that NAM offers them in order to put together sustainable portfolios according to their specific ideas.
products are Article 8 funds with a proportion of Sustainable Investments and thus qualify as suitable for clients with sustainability preferences. An example of a core sustainable portfolio building block is the Nordea 1 – European Stars Equity Fund , launched in 2017. In narrowing a universe of approximately 500 companies down to 35-45 Numerous awards for Nordea’s strategies high-conviction names, portfolio managers René Pe- tersen and Frederik Weber draw upon the extensive expertise of NAM’s Responsible Investments Team. The true differentiator of the STARS process is the enhanced ESG integration and active engagement. ”We are able to guide these businesses towards the adoption of more sustainable practices,” Girondel explains. ”Companies that are unable to live up to the rising level of due diligence will be increasingly locked out of the largest markets. This poses signif- icant risks for investors. Thorough ESG analysis will therefore be imperative over the years ahead.”
ESG Investing Awards The Nordea 1 – Emerging Stars Bond Fund was recognised as Best ESG Investment Fund in the category Emerging Markets Debt (EMD). The key to success: NAM’s EMD Team applies a robust ESG framework to analyse emerging market issuers and proactively engages with them to im- prove their overall ESG performance. In addition, NAM was given the title Best ESG Investment Fund in the category Green, Social & Sustainabil- ity Bonds for its Nordea 1 – Global Green Bond Fund . The Article 9 fund invests in sustainable bonds, with a
minimum of 70% contributing to an environmental objective and a minimum 15% contributing to a social objective. UCITS Hedge Awards Nordea 1 – Alpha 15 MA Fund was the winner in the category Alternative Risk Premia . The jury acknowledged “the consistency of the long-term risk-adjusted returns and alpha gener- ation” by NAM’s Multi Assets Team. EuroHedge Awards Nordea’s European Rates Opportunity Fund was awarded Best Performing Fixed Income Solution . It is managed
by NAM’s Covered Bond Team, which also manages the Nordea 1 – European Covered Bond Fund . Pensions Age Awards Last but not least, NAM was named Active Manager of the Year 2023 .
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