- Advertisement -
- Advertisement -

Related

Norron Embraces the EU Taxonomy

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – For almost a year, three of Norron Asset Management’s funds have been reporting the alignment with the EU Taxonomy, a classification system for sustainable economic activities that aims to drive capital flows to sustainable investments. Norron has announced that its entire range of six funds – two fixed-income funds, two hedge funds and two long-only equity funds – is reporting the alignment with the EU Taxonomy.

“Now we have the pleasure to announce that we report all of Norron’s funds in accordance with the Taxonomy.”

“We at Norron have for almost a year reported alignment with the Taxonomy for three of our funds and now we have the pleasure to announce that we report all of Norron’s funds in accordance with the Taxonomy,” Norron writes in a press release. “All Norron funds report alignment with the Taxonomy from September 1. We will therefore report on a monthly basis the extent to which our funds are invested in companies classified as environmentally sustainable under the Taxonomy regulation,” says Norron. “We have a high ambition and work actively to ensure that all our funds are sustainable.”

“We have a high ambition and work actively to ensure that all our funds are sustainable.”

By applying the Taxonomy, the team at Norron can determine what investments are considered environmentally green or sustainable and can assess to what degree their funds’ portfolios align with the Taxonomy. The Norron funds report the percentage of eligible activities across their holdings, economic activities that contribute substantially to at least one of the six environmental objectives of the Taxonomy and do no significant harm to the others. The six Norron funds also report the percentage invested in Taxonomy-aligned activities. If an economic activity is “eligible” by the EU Taxonomy, it has to comply with the three technical screening criteria to be considered Taxonomy-aligned.

“We at Norron welcome the EU Taxonomy Regulation,” Norron writes on its website. “This, together with increased demands for reporting and transparency, we think is quite the way to go to accelerate the transition to a more sustainable economy,” says Norron. “The taxonomy regulation will not be applied by financial market participants until 31 December 2021, but we want to start adapting to future reporting now to give you, as an investor, a better understanding of Norron’s environmental sustainability work.”

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

The “Magic of Three”: Protean Select Turns Milestone into Major Allocation

Reaching the three-year mark is a key milestone and often a turning point for any emerging hedge fund. For Protean Select, the opportunistic equity...

Twelve Years On, Nordkinn Expands with Two PMs and Advisor

Twelve years after its inception, Nordkinn Asset Management is entering a new growth phase, expanding its investment team with the appointments of Arian Kalantari...

Merger Cleared: Carlsson Norén to Transition Funds to UCITS

After nearly two decades as an independent fund manager, Carlsson Norén Asset Management is joining Meriti Capital, following regulatory approval from Finansinspektionen. Its two...

Symmetry Grows Almost Tenfold in 5 Years, Surpasses DKK 1 Billion

A disciplined investment strategy, strong performance, an expanded team, and a more institutionalized setup have helped long/short equity fund Symmetry Invest surpass DKK 1...

Norron Select’s Rocky Start and Swift Recovery

Off to a strong start in January, long/short equity fund Norron Select faced a challenging February, March, and early April, with its year-to-date performance...

Varma’s Hedge Funds Show Steady Performance

The first half of 2025 was far from smooth sailing for investors, hedge fund managers included. Varma, Finland’s largest hedge fund investor, nevertheless reported...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.