INSIDE NORDEA 17
products they offer. This is vital, as the focus on greenwashing is only going to intensify in the future. At NAM, we have worked tirelessly over recent years to deliver a sustainability offering that does what it says on the tin. All of our Article 8 and 9 funds – which represent 66% of our total assets under management1 – qualify as suitable for clients with sustainable preferences under MiFID eligibility requirements. However, this is not indus- try standard, and advisers must be diligent. While the asset management community in general is continuing to improve disclosure levels, the deci- sion about client suitability ultimately rests with the adviser. In terms of the solutions you just mentioned, what does NAM have to offer advisers seeking to populate their sustainable portfolios? As a leader in responsible and sustainable investing for more than three decades, we have constantly evolved our suite of specialist solutions to ensure clients can remain ahead of the regu- latory curve. When it comes to MiFID require- ments, we believe our range of ESG-aligned STARS strategies contains all the building blocks needed for distributors and advisers to construct sustainable portfolios. We launched our first ESG STARS vehicle in 2011. Today, our ESG-aligned
At a glance ` As the focus on greenwashing intensifies, advisers will need to undertake thorough due diligence in the product selection process ` As a longstanding leader in ESG, NAM’s innovative ESG STARS solutions are ideal building blocks in the construction of MiFID-compliant sustainable portfolios ` With the public now more informed and engaged on sustainability issues, advisers should expect continued strong demand for ESG-aligned investing
1 Source: Nordea Investment Management AB. Data as at 30.09.2022
ISSUE 02.2022
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