Nordic green bonds – is it greener in the Nordics?
The Nordic capital market was early on putting sustainability and ethical investing high on the agenda. Especially large institutional Swedish investors have been driving the demand and other investors have followed. It is maybe not that surprising that the Nordic region played an important role in introducing green bonds in the global capital market.
After the Brexit vote, the Austrian, Eastern European and Italian elections, it is clear that the EU has some issues to tackle. European citizens are expressing their concerns. The question is if the remedies will be in place in time to avoid a too damaging blow to the union and the Euro (EUR) potentially through bigger anti-EU parties coming into power.
The Emerging European equity market has been underperforming the rest of the world so far in 2018. The sell-off started in late spring and the market fell significant. There has been only four other periods in the last 13 years when the Emerging European market has sold off more than 10% during a 2.5 month period.
Investments in funds are always related to risk. Past performance is no guarantee of future results. Performances are calculated net of fees. Investments in funds are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment.