Nordea Asset Management has expanded its ESG-integrated Stars fund range with the launch of its first fixed income fund.
The Nordea 1 - European Corporate Stars Bond fund will seek to overcome the credit risk posed by ESG issues with regards to corporate debt and "identify long-term changes critical to credit quality". Nordea: Five stocks for the sustainable revolution It is the second expansion of the Stars range this year, following the early January launch of the The Nordea 1 - North American Stars Equity fund. Under lead portfolio manager Jan Sorensen, the European Corporate Stars Bond fund will employ bottom-up credit selection in investment grade corporates. The investment team will collabor...
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