Swedish investment firm Lannebo Fonder has launched a sustainability-focused corporate bond fund to capitalise on the increasing opportunities among higher-yielding, greener companies. The fund, formally called Lannebo Sustainable Corporate Bond, will be launched on 18 February and is available to Nordic investors initially. Lannebo said it had been at the forefront of green issuance, having bought into the first green corporate bond issuance in 2013, which meant the decision to launch a dedicated strategy played on this experience. This new approach will focus on the Nordic green bond market, which saw sustainable corporate bond issuance pass SEK 180 billion in 2019. This is while 25% of all corporate bonds issued in Sweden in 2019 were labelled green.
- City Wire Selector -