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Nordea AM registers five sub-funds in Singapore

The five-sub funds come from the firm's Nordea 2 UCITS fund range and have been registered as restricted funds.
Singapore, Singapore - November 03, 2016: Merilon Statue at Marina Bay at dusk with with tourists and Marina Bay Hotel in the background.

Nordea Asset Management has registered five sub-funds from its Nordea 2 UCITS fund range as restricted funds in Singapore.

The list comprises the Global Enhanced Equity, Global Responsible Enhanced Equity, Global Developed Responsible Enhanced Equity, Technology Enhanced Equity and US Enhanced Equity funds.

All of the sub-funds fall under Nordea AM’s BetaPlus strategy, which seeks to enhance returns beyond traditional passive investing. The strategy also integrates Nordea’s ESG expertise to meet fund-specific sustainability criteria and decarbonisation goals.

 “We are excited to introduce these BetaPlus investment strategies to the Singapore market. Nordea has been managing Index Enhanced strategies for over 15 years and we believe they offer investors here an alternative to passive strategies,” said Ana Dhoraisingam, chief executive officer of Nordea Asset Management Singapore and head of Asia-Pacific ex-Japan distribution.

Part of the Mark Allen Group.