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Swedbank Robur launches climate-focused bond funds

EditorPollock Mondal
Published 11/24/2023, 05:13 AM
© Reuters.

Swedbank Robur, a heavyweight in the Swedish fund market, has introduced two new investment vehicles, Climate Bond and Climate Bond High Yield funds. These funds are designed to channel financing into projects that align with the United Nations' climate objectives. The launch of these funds is part of Swedbank Robur's broader strategy to exceed the Paris Agreement's ambition to limit global warming to below 1.5 degrees Celsius, a goal they have been actively pursuing since 2019.

The Chief Investment Officer of Swedbank Robur, Pia Haak, emphasized the critical role of sustainable investments in driving societal advancement. Meanwhile, Karin Beltzér pointed out the importance of the bond market in funding environmentally friendly initiatives. These new offerings are a continuation of Swedbank Robur's commitment to combatting climate change, following their introduction of the Climate Impact equity fund in 2021.

With assets under management (AUM) totaling SEK 1352 billion and serving approximately four million clients in Sweden and the Baltic regions, Swedbank Robur is committed to leading in sustainable value creation. Their innovative financial products and investment strategies are tailored to meet long-term environmental objectives.

The newly launched Climate Bond and Climate Bond High Yield funds not only aim to support the UN’s green targets but also seek to broaden the array of asset classes available to investors keen on contributing to solutions for the world’s climate challenges. The initiative recognizes the pivotal role that bond markets play in securing finance for significant players without listed stocks but who are nonetheless crucial for climate progress. In today's high-rate environment, these funds present opportunities for strong returns while simultaneously encouraging green transitions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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