Nordea launches ESG EM strategy

Wind_turbines_solar_panelsNordea Asset Management has expanded its ESG fixed income offering with the launch of an emerging markets strategy.

The launch of the Nordea 1 – Emerging Stars Bond Fund follows the recent launch of the Nordea 1 – European Corporate Stars Bond Fund.

Thede Rüst, head of Nordea’s EM debt team and manager of the fund, says that fixed income funds with true ESG implementation represent a relatively new approach to responsible investment.

“Given the increasing economic importance of emerging markets, EM debt is likely to continue delivering attractive risk-adjusted returns in the medium to long term,” he said.

“In addition to the solid risk/return profile and attractive valuations of EM debt, the fund benefits from a proprietary ESG model that goes beyond simply adhering to an exclusion list.”

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