NEW Febelfin labelled Alfred Berg product – Towards Sustainability
Alfred Berg has since many years taken ESG factors into consideration in our investing on behalf of our clients. Going forward many funds in the market will be submitted for certain Sustainable and Responsible Investing (SRI) labels, mainly due to client demand. Clients demand this to ensure that the funds they invest in really take the ESG factor considerations they claim they do.
The following fund that we manage has recently obtained the Sustainable and Socially Responsible financial products label of Febelfin, the Belgian FSA:
- Alfred Berg Nordic Investment Grade (the master fund of the feeder fund BNP Paribas Flexi 1 Bond Nordic Investment Grade)
The name of the label is “Towards Sustainability” and it is granted for one year at the time.
This is a label that has rather strict requirements, more can be found here: https://www.towardssustainability.be/en/quality-standard
The requirements will evolve over time and will probably be more demanding as time passes.
For the above mentioned fund, its specific “Towards Sustainability” profile can be found here:
In our Sustainable and Responsible Investment (SRI) approach, we are strengthened by the processes and research of our mother company, BNP Paribas Asset Management, that is among the leaders in the SRI area.
If you have any questions, do not hesitate to contact us.
Norway is among the highest ranked nations in the world on ESG factors (Environmental, Social and Governance) according to RobecoSam and ISS*. Of noticeable particularities in the country, is the domestic green hydropower covering all the domestic electricity consumption. They also have the highest proportion of electric cars in the world. Moreover, at the same time, Norway produce oil and gas, albeit in the cleanest way and reserving the money earned to the Norwegian people.
The severe Corona weakness of the Norwegian krone (NOK) – What is going on?
We have seen the Norwegian krone (NOK) weaken substantially to other currencies in the Corona crisis despite being already at a historical level, including the euro (EUR) that we will discuss in this article.
Investments in funds are always related to risk. Past performance is no guarantee of future results. Performances are calculated net of fees. Investments in funds are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment.