The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Nordea AM
Nordea Asset Management has registered five sub-funds from the Nordea 2 UCITS fund range as Restricted Funds in Singapore:

1. Global Enhanced Equity; 
2. Global Responsible Enhanced Equity; 
3. Global Developed Responsible Enhanced Equity; 
4. Technology Enhanced Equity; and 
5. US Enhanced Equity.

These entities come under NAM’s BetaPlus strategy, which seeks to enhance returns beyond traditional passive investing by capturing different factors that drive returns. The strategy also embeds NAM’s approach to ESG investing, it said in a statement yesterday. 

Nordea Asset Management, which has €286 billion ($300.09 billion) in assets under management, is part of the Nordea Group, a financial group in the Nordic region. The group operates around the world.