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What's New In Investments, Funds? – WisdomTree, Nordea
Editorial Staff
8 August 2023
WisdomTree
has adjusted the set-up and name of one of its funds: Nordea 1 – Global Gender Diversity Fund. The entity is now called Nordea 1 – Global Diversity Engagement Fund.
The move aligns with NAM's involvement as a cofounder in the Diversity Project Europe, a cross-border and cross-company initiative to make the European asset management sector more inclusive, taking it beyond just gender representation, NAM said.
By extending the global equity strategy’s investment universe to include additional diversity and inclusion factors, NAM said it wants to capture a broader range of companies in the early stages of D&I development.
NAM said that helping companies accelerate the adoption of D&I practices can unlock long-term value because investors will increasingly reward companies that show ESG practices.