Nordea AM launches a new fund focused on the strategic readjustment of Europe
12 JUN, 2025
Europe is at a turning point. As power dynamics change globally, the continent has a unique opportunity to redefine its economic future and investors have a limited window to get ahead. Nordea AM is seizing this moment with the launch of the Nordea 1 – Empower Europe Fund, a high conviction fund designed to capture the first phase of growth derived from Europe's strategic readjustment.
This high conviction equity strategy seeks to take advantage of opportunities arising from the current strategic momentum, with a focus on generating alpha where public investment, private innovation and geopolitical necessity converge. Co-managed by René Møller Petersen and Hilde Jenssen, both with over 30 years of experience, the fund relies on René's track record leading the award-winning European equity strategies at NAM, along with Hilde's leadership as head of the Fundamental Equities team.
While global markets grapple with fragmentation, tariffs and uncertainty, Europe is quietly gaining momentum. Public and private capital is being channeled towards energy resilience, industrial resurgence and digital security. The result? A new generation of high-impact companies that are rapidly gaining ground.
3 key investment areas
The manager identifies three strategic pillars that are driving Europe to take its rightful economic and geopolitical place:
- Driving Europe forward: Investing in forward-looking energy companies: companies that are securing Europe's energy independence and redefining the resilience of its infrastructures.
- Europe's industrial resurgence: targeting, still underestimated, innovation factors in areas of automation, robotics and manufacturing relocation, essential for the continent's industrial revitalization.
- Improvement in European defense: agile, digital and strategic. From cyber intelligence to secure networks – and beyond – it's not about traditional contractors, but agile players, positioned to be relevant and profitable.
In a context of changing dynamics and greater attention to economic security, we see very attractive investment opportunities emerging all over Europe. Nordea's Empower Europe Fund is designed to take advantage of this momentum, investing in companies that lead the energy, industrial and digital transformation; sectors that, in our opinion, are positioned for solid and sustained long-term growth.
Nils Bolmstrand, CEO of Nordea Asset Management
