What’s next?
The coming years will bring increased demands for ESG investing, new MiFID and sustainability regulations will kick in and investors will need more information and guidance in their choices. In addition, players who have overlooked the ‘S’ element of ESG in favor of the ‘E’ are beginning to shift their attention towards ‘S’ (social) issues. Amid this transition, financial advisors need to step up their game in order to transform challenges into business opportunities. When the new changes to MiFID II come into force in August 2022, having a clear understanding of ESG facets will no longer be optional. Meeting regulatory mandates will require a robust knowledge of regulations and ESG, as well as a broad range of available MiFID-eligible products. In addition, advisors will need to communicate effectively. To impart the “ESG story” to their clients in plain, tangible and authentic ways they must thoroughly comprehend the issues from multiple vantage points. It is important for advisers to start thinking about how they will address the challenges looming on the horizon, specifically through their product offering and internal processes. The investor shift towards sustainable solutions represents a massive opportunity for advisors who are early in recalibrating their business models to meet regulatory requirements and investor preferences.
At Nordea Asset Management, we are committed to making this transition easier for distributors.
In our efforts to share our knowledge and become advisors’ partner of choice, we are developing new version of our ESG e-learning, which is already available to our clients in eight languages. In addition, we have launched a dedicated learning platform on our website to support advisors in constantly improving their ESG knowledge. And we are already supporting advisors with a wide range of MiFID-eligible ESG solutions.
We can provide advisors with the know-how and right tools to turn the next challenge into an opportunity.
Nordea Asset Management: your ESG partner of choice.
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2021 Nordea ESG Survey
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