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Varma seeds new ESG ETF

Timo Sallinen, senior vice-president for investments at Varma, said the lack of suitable products on the market led the pension insurer to develop a bespoke solution.

The Finnish pension company Varma has invested EUR 200 million in L&G Europe Equity (responsible exclusions) ETF fund launched by Legal & General Investment Management in co-operation with the index manager Foxberry. Timo Sallinen, senior
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