Nordea adds North American equity fund to its ESG range

Nordea Asset Management (NAM) has expanded its ESG range (STARS) with the launch of a North America equity fund. The Nordea 1 - North American Stars Equity Fund, which leverages the successful track record of the Nordea 1 - Global Stars Equity Fund, will adopt a pure bottom-up stock picking strategy with over $350m in assets under management. The fund is managed by Johan Swahn, a member of the fundamental equities team, who is also a portfolio manager of the Nordea 1 - Global Stars Equi...