Responsible investor Nordea backs UK platform
“The Big Exchange”

LUXEMBOURG, LU—Nordea Asset Management (NAM) is pleased to announce that we are a founding member of The Big Exchange, a new mission-led, mobile-first financial services proposition, which will open investing and saving to everyone.

The Big Exchange offers funds to retail investors, charging amongst the lowest possible rates in the market, while investing in businesses displaying a positive impact on society and the planet.

Sustainability is deeply rooted in Nordea’s Nordic corporate culture, philosophy and business model, and stands at the core of our DNA. NAM has built an award-winning Responsible Investment team, which is one of the largest in Europe in terms of pure ESG analysts. Moreover, NAM’s ‘STARS’ fund range embodies true ESG integration, with thorough proprietary research undertaken to identify companies displaying sustainable and responsible business models.

Anders Madsen, CEO of Nordea Asset Management UK, comments: “Delivering returns with responsibility is more than just a statement for Nordea Asset Management – it has long been engrained in our culture and business model. We are extremely pleased to support The Big Exchange, which will provide individual investors with the power to make a difference in helping to address today’s environmental and societal challenges.”

Nordea has joined a unique and diverse group of supporters in backing The Big Exchange, co-founded by The Big Issue*, to bring the mainstream to investing for people and the planet. All funds listed on The Big Exchange have to pass an impact assessment to be permitted so customers know there is an expectation for all investments to have a meaningful impact. The successful funds will be awarded a Gold, Silver, or Bronze medal and unsuccessful funds will have to improve before they can make it onto the site.

Jill Jackson, Managing Director of The Big Exchange, added: “For the first time, people can see how their own money can count for more – benefitting their financial future and the wider world – Nordea fit with that philosophy perfectly. We are currently working through our Beta phase with our first customers and it is fantastic to get the support of an industry leader like Nordea to add to the already impressive group of founding members, putting their weight behind our mission.”

The Big Exchange will allow individuals to invest in hand selected funds that have proven their social and environmental credentials. The Big Exchange will charge a fee of 25 basis points, or GBP 0.25 for every GBP 100 invested, for accessing these funds, excluding management fees. Currently, the only way to access The Big Exchange is to subscribe to its communications via the website www.bigexchange.com and be invited to take part in their BETA phase. The site is planning to open to the public towards the end of Summer.

*Nordea Asset Management joins 12 other founding members which have joined pre-launch including: Aberdeen Standard Investments, AllianceBernstein, Alquity, Civitas Social Housing plc., Columbia Threadneedle, Liontrust, Pictet, Quilter, Stewart Investors, Tortoise, UBP, and WHEB. All founders work together on an impact committee to ensure that they are improving their own funds and ensuring customers are seeing the impact of their investments.

Nordea Asset Management (NAM) is the Nordic region’s largest asset manager with EUR 223 billion end of Q2 2020 in Assets under Management. In June Environmental Finance gave NAM the “ESG Engagement Initiative of the Year” award for its work to reduce pharmaceutical pollution.

About Nordea Asset Management
Nordea Asset Management (NAM, AuM 223bn EUR*), is part of the Nordea Group, the largest financial services group in the Nordic region (AuM 311bn EUR*). NAM offers European and global investors’ exposure to a broad set of investment funds. We serve a wide range of clients and distributors which include banks, asset managers, independent financial advisors and insurance companies.

Nordea Asset Management has a presence in Bonn, Brussels, Copenhagen, Frankfurt, Helsinki, London, Luxembourg, Madrid, Milan, New York, Oslo, Paris, Santiago de Chile, Singapore, Stockholm, Vienna and Zurich. Nordea’s local presence goes hand in hand with the objective of being accessible and offering the best service to clients.

Nordea’s success is based on a sustainable and unique multi-boutique approach that combines the expertise of specialised internal boutiques with exclusive external competences allowing us to deliver alpha in a stable way for the benefit of our clients. NAM solutions cover all asset classes from fixed income and equity to multi asset solutions, and manage local and European as well as US, global and emerging market products.

*Source: Nordea Investment Funds, S.A., 30.06.2020

Nordea Asset Management is the functional name of the asset management business conducted by the legal entities Nordea Investment Funds S.A. and Nordea Investment Management AB (“the Legal Entities”) and their branches, subsidiaries and representative offices. This document is intended to provide the reader with information on Nordea’s specific capabilities. This document (or any views or opinions expressed in this document) does not amount to an investment advice nor does it constitute a recommendation to invest in any financial product, investment structure or instrument, to enter into or unwind any transaction or to participate in any particular trading strategy. This document is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instruments or to participate to any such trading strategy. Any such offering may be made only by an Offering Memorandum, or any similar contractual arrangement. Consequently, the information contained herein will be superseded in its entirety by such Offering Memorandum or contractual arrangement in its final form. Any investment decision should therefore only be based on the final legal documentation, without limitation and if applicable, Offering Memorandum, contractual arrangement, any relevant prospectus and the latest key investor information document (where applicable) relating to the investment. The appropriateness of an investment or strategy will depend on an investor’s full circumstances and objectives. Nordea Investment Management AB recommends that investors independently evaluate particular investments and strategies as well as encourages investors to seek the advice of independent financial advisors when deemed relevant by the investor. Any products, securities, instruments or strategies discussed in this document may not be suitable for all investors. This document contains information which has been taken from a number of sources. While the information herein is considered to be correct, no representation or warranty can be given on the ultimate accuracy or completeness of such information and investors may use further sources to form a well-informed investment decision. Prospective investors or counterparties should discuss with their professional tax, legal, accounting and other adviser(s) with regards to the potential effect of any investment that they may enter into, including the possible risks and benefits of such investment. Prospective investors or counterparties should also fully understand the potential investment and ascertain that they have made an independent assessment of the appropriateness of such potential investment, based solely on their own intentions and ambitions. Investments in derivative and foreign exchange related transactions may be subject to significant fluctuations which may affect the value of an investment. Investments in Emerging Markets involve a higher element of risk. The value of the investment can greatly fluctuate and cannot be ensured. Investments in equity and debt instruments issued by banks could bear the risk of being subject to the bail-in mechanism (meaning that equity and debt instruments could be written down in order to ensure that most unsecured creditors of an institution bear appropriate losses) as foreseen in EU Directive 2014/59/EU. Nordea Asset Management has decided to bear the cost for research, i.e. such cost is covered by existing fee arrangements (Management-/Administration-Fee). Published and created by the Legal Entities adherent to Nordea Asset Management. The Legal Entities are licensed and supervised by the Financial Supervisory Authority in Sweden and Luxembourg respectively. The Legal Entities’ branches, subsidiaries and representative offices are licensed as well as regulated by their local financial supervisory authority in their respective country of domiciliation. Source (unless otherwise stated): Nordea Investment Funds, S.A.. Unless otherwise stated, all views expressed are those of the Legal Entities adherent to Nordea Asset Management and any of the Legal Entities’ branches, subsidiaries and representative offices. This document may not be reproduced or circulated without prior permission. Reference to companies or other investments mentioned within this document should not be construed as a recommendation to the investor to buy or sell the same but is included for the purpose of illustration. The level of tax benefits and liabilities will depend on individual circumstances and may be subject to change in the future. © The Legal Entities adherent to Nordea Asset Management and any of the Legal Entities’ branches, subsidiaries and/or representative offices.