SPP Funds sees continued demand for sustainable funds

Investment Europe | Jan 16, 2020 at 1:17 PM
  • Following a year when it increased AUM by 33% against the previous year, SPP Funds, the Swedish fund provider that is part of Norwegian group Storebrand’s multi-boutique model, has said it believes the demand trend for sustainable funds as well as index funds is set to be sustained through 2020.
  • At the start of 2019, 12 out of 28 funds were fully fossil free, while additional steps taken through the autumn saw all companies with fossil based activities excluded from all funds in the range.
  • The economic system requires profitability, but also sustainability to survive in the long term, Wallenberg adds.