Nordea AM launches global social bond

Nordea Asset Management has launched the Nordea 1 – Global Social Bond Fund.

The fund invests in debt issued by government-related, supranational agencies and financial institutions and corporates and qualifies as an Article 9 solution under SFDR regulation.

Investments include labelled social bonds and debt issued by corporates that positively contribute to social and environmental objectives to create beneficial impact, as well as generate sustainable stakeholder value. It is the fifth solution NAM has brought to market to address the ‘S’ in ESG – alongside its Global Green Bond, Global Social Empowerment, Global Climate and Social Impact, and Global Gender Diversity funds.

The fund is managed by Thede Rüst and Anton Nykvist of Nordea AM’s Responsible Investments Team.

Thede Rüst says, “We are incredibly excited about the launch of Nordea 1 – Global Social Bond Fund, as debt markets play a crucial role in funding the projects vital for a sustainable and more equitable future. The solution focuses on the ‘S’ in ESG, which is increasingly a focus area for investors. We cannot achieve a sustainable world without tackling the pressing social problems facing society today.”