Nordea AM scoops £325m Brunel climate mandate

Run by Thomas Sørensen and Henning Padberg

Nordea Asset Management has been handed a £325m specialist climate and environment equity mandate from the Brunel Pension Partnership.

The mandate, which forms part of Brunel's new sustainable equities offering, will be run by Nordea's Thomas Sørensen and Henning Padberg, who co-manage the Nordea Global Climate and Environment strategy. The mandate is the Nordic firm's largest single climate and environment-focused segregated mandate and is the largest ever client mandate awarded to Nordea in the UK. Nordea's Trolle Hansen: How multi-asset funds should navigate volatility Co-head of UK institutional and wholesale distribution at Nordea AM David Crawford said the win was "testament to the continued trust UK investo...