On Ekonamik, NordSIP’s sister publication focusing on megatrend, we focused on longevity this month. Find out about the Nordic pension systems, more specifically the challenges faced by the Swedish PPM and the Danish concerns about ESG integration. We also took a closer look at the gender disparities in pension revenues and we discussed the financial implications of longevity. Enjoy the read!
Denmark drew our attention this week. First, we interviewed Anders Bertramsen, Head of External Products at Nordea, after a comment he posted related to the firing of an asset manager due to a lack of Morningstar globes. “There are several aspects of this that scare me,” he told us. We also caught up with Anna Maria Fibla Møller who recently left MP Pension to join P+ as Senior ESG Manager.
Reflecting further on the dangers of simplifying ESG, we took a closer look at a discussion which has been raging this past week, over the nature of ESG investments. Following the publication of a research piece by Vincent Deluard of INTL FCStone, several articles have questioned whether ESG ETFs’ performance is achieved at the detriment of labour, thus making the “S” in ESG superfluous. We question whether the conclusions might have been drawn a little too hastily.
In Norway, NBIM published an analysis of shareholder voting process, a review aimed to single out the steps and deadlines that stand in the way of more efficient voting processes. Meanwhile, in Sweden, Swedfund announced an investment worth €5 million to help small and medium enterprises in East Africa navigate the COVID-19 pandemic.
For both retail and institutional investors in Sweden interested in accessing impact opportunities, Triodos Investment Management obtained the permission to sell three listed impact strategies, the Triodos Global Equities Impact, Triodos Euro Bond Impact and Triodos Pioneer Impact Funds this week.
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