Nordea Asset Management

Investors have encountered experienced several periods of severe market turbulence since the global financial crisis. Fortunately, the sharp drawdowns experienced proved to be temporary, and the bull run for stocks and bonds ultimately resumed.

Hilde Jenssen, Head of Fundamental Equities at Nordea Asset Management (NAM), discusses the global decarbonisation drive and how activities at portfolio level can make a difference.

Why investors should consider a differentiated approach in the current multi-asset correlation crunch

We have witnessed a significant investor exodus from heavy-emitting companies in recent years. The rise of ESG is a key factor in this flight of capital, as asset managers want to demonstrate sustainability credentials.

Covered bonds offer many advantages. The benefits come from a structural allocation to covered bonds thanks to their safety, regulatory treatment, liquidity and diversification potential.

Hawaiian Electric Industries (HEI) is the largest supplier of electricity in the state of Hawaii and is a holding in Nordea Asset Management’s (NAM) Global Climate Engagement Strategy.

Environmental and societal issues increasingly challenge cities. Sustainable infrastructure and real estate are essential in addressing them.

Portfolio manager Claus Vorm believes the most successful companies in 2023 will be those with steady earnings and robust balance sheets, which can be stabilising forces against economic weakness and rising rates.

Social bonds and investments in the “S-pillar” of ESG in particular will play a more significant role for investors overall. In the case of social bonds, the terms of issue specify in which social projects the capital proceeds are invested.

After years of seemingly unstoppable momentum behind ESG, the sustainable investment space witnessed heightened debate in 2022.