Swedish pension fund managers still major fossil sinners

European asset managers -- including several from Sweden -- are overexposed to coal and oil, according to a recent survey from WWF. New analytical methods are gaining a foothold, and could potentially contribute to new investment strategies in future.
Coal fueled energy plant. | Photo: Ritzau Scanpix
Coal fueled energy plant. | Photo: Ritzau Scanpix

Some portfolios of several of Europe's largest asset managers are overexposed to coal and oil, according to a recent WWF (World Wide Fund for Nature) survey cited by Swedish business daily Dagens Industri.

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