Nordea funds promote sound corporate governance
Nordea Funds Ltd* has already exercised active ownership on behalf of the funds it manages since 2001.
Nordea Funds Ltd together with the Nordea funds is an active owner that influences the companies in which the funds invest. Active ownership is exercised by participating in nomination committees to nominate board members and by voting at annual general meetings.
The purpose of active ownership is to promote the long-term development of the companies in which the Nordea funds invest. This benefits the shareholders, employees and other stakeholders.
Corporate governance focuses on four areas:
- Nomination of board members.
- Comments on restructurings, often in connection with acquisitions and mergers.
- Events related to capital structure, such as share issues, borrowing money in need of capital, buy-backs of own shares and dividend policies of companies with strong balance sheets.
- Questions related to incentive schemes and principles for remuneration paid to the management.
* Nordea Investment Fund Company Finland Ltd up to 11.12.2013.