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nordea asset management updates fund names to comply with esma sustainability rules
Nordea Asset Management has updated the names of 17 sustainable funds to include 'Sustainable' in compliance with new ESMA guidelines, ensuring a minimum 50% allocation to sustainable investments. The firm now offers 20 Nordea 1 SICAV funds that meet these criteria, including its flagship ESG STARS range. CEO Nils Bolmstrand emphasized the importance of transparency and commitment to responsible investment amid evolving market demands.
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