In the context of recent geopolitical developments, Nordea wants to support the strength of the Nordic societies by providing investment possibilities in companies contributing to European security and resilience.

The new Empower Europe Fund is available for private and institutional investors offering investment opportunities in selected companies within core European sectors supporting independent supply and collective security. It’s a thematic fund addressing the long-term structural changes needed in Europe and focusing on strengthening three main areas: 

  • Energy resilience
  • Europe’s strategic industrial base
  • Strategic defence and cyber security

Untapped European potential

Since the beginning of the year European equities have outperformed the US market. At the same time, the European Union has launched several initiatives to enhance European energy independence, industrial production and strategic and autonomous defence. 

As the European market is picking up, at Nordea we want to give access to this untapped potential with a focused investment solution that selects clusters of companies best positioned to benefit from these opportunities. Companies in scope of the fund are for example working with renewable energy and energy infrastructure, production automation and robotics or defence technology and cyber security. 

“We’re pleased that we now have an investment solution in place that is addressing some of Europe’s main challenges while supporting sectors we believe are poised for durable, long-term growth,” says Hilde Nedrehagen Jenssen, Head of Fundamental Equities at Nordea’s Asset Management.

The fund is actively managed by a team with over 30 years of investment experience and a proven track record, for instance in leading Nordea Asset Management’s award-winning European equity strategies. 

What will the fund invest in?

The fund will be selecting companies that are: 

Building energy resilience

  • Green construction and renovation
  • Electrification
  • Flexibility of distribution/storage
  • Circular economy
  • Renewable energy
  • Energy infrastructure 

Supporting reshoring

  • Production automation
  • AI/digitalisation
  • Regional supply and services
  • Component regionalisation
  • Business support services

Strengthening independent defence and security systems   

  • Defence equipment capacity
  • Communication systems
  • Cyber risk mitigation 
See all our funds (Opens in new window)