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Ilmarinen becomes seed investor in low-carbon high yield bond fund

"We are happy that more sustainable products are also starting to be available  in fixed income. These are lucrative alternatives for an institutional investor," says Ilmarinen's Head of Responsible Investment Karoliina Lindroos on Ilmarinen's new investment in a US high yield low-carbon bond fund.

 Ilmarinen's Head of Responsible Investment Karoliina Lindroos. | Photo: PR / Ilmarinen

Ilmarinen has invested EUR 170m in AXA Investment Management's new mutual fund investing in US high yield low-carbon bonds, the company reports.

"We are currently developing our climate strategy further, especially regarding asset class -specific roadmaps, and are happy that more  sustainable products are also starting to be available in fixed income. These products are lucrative alternatives for an institutional investor," says Ilmarinen's Head of Responsible Investment Karoliina Lindroos in a press statement.

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