DNB Fund - Renewable Energy has been awarded by the Refinitiv Lipper Fund Awards Switzerland in the category Alternative Energy on a 10-year performance basis.
The fund invests primarly in companies in the field of renewalbe energy and resource efficiency, as energy is estimated to account for two-thirds of greenhouse gas emissions.
Hagen-Holger Apel, country head Switzerland and senior portfolio manager (pictured), said: "ESG considerations are risk parameters that can no longer be ignored. DNB has been working with precisely these parameters for 30 years and is pleased about the award and the associated recognition."
"This award underlines the outstanding and constant performance of Jon Sigurdsen and Christian Rom and testifies to their extensive market knowledge in the field of sustainable investments."
Robert Jenkins, head of Research, Lipper, Refinitiv, added: The Refinitiv Lipper Fund Awards celebrate exceptional investment management. In a year of dramatic change across the global economy, climate, the environment and political cultures, it has never been more important to have your investments entrusted with talented and experienced professionals. The Refinitiv Lipper Fund Awards recognize those exceptional managers and fund management groups who navigate these changes and steer your savings into outperforming returns. We at Refinitiv congratulate the 2020 Refinitiv Lipper Fund Award winners for delivering outstanding performance to their investors and wish DNB Asset Management continued success."