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    Fidelity Expands Stockholm Team

    Stockholm (NordSIP) – At the start of May, Henrika Skott was appointed Senior Marketing Manager at Fidelity International. She joins from Brummer & Partners where she worked in various roles for 9 years, most recently with the Investor relations team.

    “It feels great to join Fidelity at this point in my career and use my experience to strengthen the Nordic team by taking an active role in furthering Fidelity’s growth in the Nordics,” Skott tells NordSIP. “Fidelity is constantly driving innovation and strives to be a ‘Thought Leader’ in the asset management industry.”

    Sustainability and Asian Footprint

    Discussing Fidelity’s competitive advantage in sustainable investments, Skott notes the asset manager’s presence in Asia and its global reach.

    “Fidelity is well-positioned in the sustainable investment space, our global reach and analyst capacity play an important role to engage with the companies we invest in. We are also unique in that our Global Head of Sustainability is based in Singapore. Whereas many of our peers still lead the sustainable team from European cities like London, we have a deep footprint in Asia and it feels great to be part of the future development of Sustainability in Asia and the rest of the globe.”

    In a market where greenwashing concerns are mounting, having a local footprint and in-depth expertise in local environmental and social dynamics is a strong advantage. Having a strong presence in Asia, Fidelity International has been able to leverage its network of highly specialised analysts to credibly integrate ESG issues on a global basis.

    Environmental focus & proprietary ESG ratings

    For Henrika, focus on the environment will be a determining factor going forward. “Climate change is a very urgent topic we need to address within sustainable investing. Fidelity has more than 150 analysts across the world who follow companies and engage with them around sustainability, that in combination with our own ESG rating system will improve the climate-related investments topics which need to be addressed across the world,” Skott adds.

    With the dozens of ESG ratings and classifications currently on the market, each with its own methodology, Fidelity has taken the step to create a proprietary rating system to circumvent data quality and backwards-looking disclosures, among the many ESG data-related issues.

    Fidelity needed a forward-looking assessment that could evaluate the opportunities that sustainability factors can create in detail, in line with their active approach. The result is an internal tool that focuses on the material topics for each sector and an explicit link between these data and the investment decision-making process as well as an active engagement policy.

    “I have only started two days ago but already see how Fidelity values the different perspectives everyone brings and appreciate how that strengthens teamwork and this atmosphere speaks to me. Fidelity has a culture where you feel valued and are encouraged to learn and ask questions which makes me feel very welcome,” Skott concludes.

     

    Picture courtesy of Fidelity International

    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA is Editor-in-Chief for NordSIP and Managing Director for Big Green Tree Media. She has 18 years of experience in the asset management industry in Stockholm, London and Geneva, including as a long/short equity hedge fund portfolio manager, and buy-side analyst, but also as CFO and COO in several asset management firms. Aline holds an MBA from Harvard Business School and a License in Economic Sciences from the University of Geneva.

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