Nordea AM adds first fixed income fund to ESG range

The asset management business of the global manager Nordea has added the first fixed income strategy to its ESG STARS family following the success of this range in the equities space. Nordea 1-European Corporate Stars Bond Fund seeks to identify long-term changes critical to credit quality while aims at overcoming the credit risk presented by ESG issues with respect to corporate debt. Jan Sorensen, the lead portfolio manager of the fund, who will use a bottom-up credit selection in investment grade corporates, said:"We exploit market inefficiencies by focusing on company specific rese...