Nordea says 'huge' growth awaits those betting on digital farms

"Smart farming solutions are just at the inflection point now," Thomas Sorensen, portfolio manager at Nordea, told Bloomberg. "Of all industries, agriculture is the least digitalised. There's a huge leeway for growth." He says it's the "next wave" in a digital revolution that's making production more efficient across industries.

Sorensen and his partner Henning Padberg, both based in Copenhagen, manage the Nordea Global Climate and Environment Equity Fund. They use fundamental bottom-up analysis to pick companies that deliver products and services that target climate change. The fund, which started in 2008, has returned on average 13% a year over the past five years, beating 91% of its peers, according to data compiled by Bloomberg.