Nordea Asset Management said that its European Rates Opportunity strategy is registered for professional investors in Singapore.
Launched in 2019, the strategy aims to generate absolute returns by capturing alpha opportunities from covered bonds and focusing on relative valuations rather than relying on directional positions.
“The European Rates Opportunity Strategy is one that we continue to see strong interest in, particularly for its diversification potential to clients looking for absolute return solutions and who are ready to step away from traditional long-only asset class investing,” said Ana Dhoraisingam, chief executive of NAM Singapore and head of Asia-Pacific distribution ex-Japan.
“NAM’s European Rates Opportunity fund taps into a highly liquid, but underinvested and inefficient market to capture alpha opportunities. The fund invests at least two-thirds of its assets in European covered bonds or debt securities issued by public authorities, often seen as an alternative to the very high-grade government part of the market.”
“At NAM, we’ve shaped an innovative strategy to generate absolute returns with a unique stance: staying at the highest level of the credit ladder with an active, high-conviction and leveraged approach,” said Henrik Stille, lead portfolio manager of the European Rates Opportunity strategy and NAM’s European Covered Bond strategies.
“Our team has excelled at generating alpha across European Covered Bond strategies since 2009 and now manages around €40bn ($43bn) in AUM, validating our robust and reliable investment approach.”
