Luxembourg, LU, 08 August, 2025 — Just over one month after its launch, during what is normally a quiet period of the year, Nordea 1 – Empower Europe Fund (ISINs: BP EUR – LU3076185084 / BI EUR – LU3076185167) has surpassed €100 million in assets under management (AUM), underscoring strong investor interest and confidence in Nordea Asset Management’s (NAM’s) latest high-conviction strategy.
Launched in June 2025, the fund is built to seize what NAM identifies as a exceptional opportunity: Europe’s strategic economic reset. As capital accelerates into energy resilience, industrial revival, and security, the fund is positioned to capture the early wave of transformative growth across the continent.
“Investor interest in the Empower Europe Fund has exceeded expectations, validating our thesis that Europe’s economic reorientation presents a compelling investment opportunity,” said René Petersen, Lead Portfolio Manager of Nordea 1 – Empower Europe Fund. “This early momentum reflects growing demand for solutions that seize this exceptional opportunity to reshape Europe’s economic future and strengthen our shared sovereignty.”
Three strategic pillars powering growth
The fund focuses on companies at the intersection of innovation, public investment, and geopolitical necessity—structured around three key themes:
- Energy Resilience: Energy independence and infrastructure resilience
- Reshoring: Automation, reshoring, and smart manufacturing
- Defence and Cyber Security: Defence systems, equipment and cyber risk mitigation
Backed by experience, built for what’s next
Managed by Lead Portfolio Manager René Petersen and Co-Portfolio Manager Hilde Jenssen—each with over 30 years of investment experience—the Fund draws upon NAM’s Fundamental Equities team’s track record in managing award-winning European Equities strategies. The strategy focuses on companies leading Europe’s transformation, including the small and mid-cap segment—which sets it apart from many other funds that tend to skew toward large-cap holdings.
“This fund is built for the Europe that is emerging—not the one of the past,” said Jenssen. “Our approach is grounded in deep fundamental research, targeting large, small and mid-cap companies driving the continent’s transition toward energy, industrial, defence and digital autonomy.”
With the €100 million milestone reached within weeks, the Empower Europe Fund is already capturing the investment momentum behind Europe’s strategic reset.
The value of your investment can go up and down, and you could lose some or all of your invested money.