Danica is now adjusting its investment framework to make it possible to invest in more defense companies that supply important components for the buildup of European defense and security.
The adjustment means that around 30 companies will be removed from the restriction list.
“We are continuously assessing our investment frameworks so that they align with reality and enable us to create attractive long-term returns for customers on a responsible basis. The world has changed significantly recently, and we have taken stock of this and revisited the frameworks. They are now more finely tuned and enable us to invest in more companies that supply important military equipment,” says Mads Kaagaard, CEO of Danica.
More investment options
The adjustment gives Danica more opportunities to enter the defense industry more broadly and into companies that produce both more traditional weapons systems and technologies for modern defense such as satellite and surveillance systems, drones and other communication technologies.
“Defense has become an important topic today, providing new economic perspectives and attractive investment opportunities. With the adjustment, we can better align our customers’ investments so that they reflect developments and at the same time support the political line in Denmark and Europe,” says Mads Kaagaard.
Danica maintains investment restrictions on companies with activities related to cluster bombs, anti-personnel mines, biological and chemical weapons, and nuclear weapons outside the Non-Proliferation Treaty.
Investment restrictions in Danica Balance Responsible Choice remain unchanged. There are still restrictions on activities related to military equipment and are not part of the investment portfolio.
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