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Kåpan makes seed investment in M&G's ESG bond fund

Nordic investors continue to be at the forefront of thinking about and incorporating ESG factors into their investment decisions, says Robert Heaney, Head of the Nordic Region at M&G Investments.

Photo: colourbox.com

Swedish government workers pension fund Kåpan has made a seed investment in M&G (Lux) Global High Yield ESG Bond Fund. The total invested sum has not been disclosed.

Launched in 2017 with internal capital to complement M&G's existing EUR 1.2bn Global High Yield strategy, the fund invests at least 80 percent of its assets in global high yield bonds.

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