Nordea Asset Management has been appointed to manage a nearly €1 billion European Covered Bond mandate for ABN AMRO Investment Solutions. The strategy focuses on sustainability and is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR). The portfolio will use a specific exclusion framework and a responsible investment process to select fixed-income securities. These covered bonds, backed by assets like residential mortgages, are positioned as a stable alternative to government debt for investors seeking ESG alignment.
