Luxembourg, LU, 30 August 2022 — Nordea Asset Management (NAM) – a global leader in sustainable and responsible investments – has launched Nordea 1 – Global Sustainable Listed Real Assets Fund (ISIN BP-USD: LU2500361329 / BI-USD: LU2500361675), an Article 9 compliant strategy with a clear sustainable objective: to invest in listed real assets focused on environmental/social stewardship and technological innovation.
This innovative solution provides exposure to sustainable listed real estate and infrastructure companies, assets renowned for stable and predictable cash flows – qualities in high demand amid the current uncertain economic backdrop.
The Fund is ideally situated to address today’s unique global challenges from several different angles.
- Sustainable Listed Real Assets offers a hedge against inflation as their long-term inflation-linked contracts help building resilience against the effects of rising prices.
- Investments in modern and energy efficient solutions are particularly well positioned to address the effects of rising energy prices and to leverage the green economy trend as well as the market’s recognition of the Sustainable Development Goals.
- Aligned to many of today’s most compelling themes, such as decarbonisation, modernisation, affordable housing and sustainable cities, real assets also are poised to continue capitalising on the global ESG revolution.
The Nordea 1 – Global Sustainable Listed Real Assets Fund is managed by CBRE Investment Management, one of the world’s leading real assets specialists. CBRE brings institutional scale and extensive experience in the real estate and infrastructure asset classes. NAM’s award-winning Responsible Investment Team will support with screening and analysis. Jeremy Anagnos, portfolio manager of NAM’s existing Nordea 1 – Global Listed Infrastructure Fund, will spearhead the new solution.
Real assets have a historic track record of resilient returns and outperformance in times of inflation, and are uniquely positioned to benefit from ongoing sustainability initiatives, as evidenced by the $122trn of capital set to flow into the infrastructure space over the next two decades . For example, many electric utility companies are at the forefront of net-zero action – as these groups are installing solar modules, constructing wind turbines, and upgrading transmission lines to charge electric vehicles and convert heating to electricity.
“Real assets form the backbone of every economy, enabling economic and social development. These companies generate positive social, environmental and economic impacts – such as contributing to greenhouse gas emissions reduction, revitalising disenfranchised areas and improving access to services. Powered by ongoing governmental initiatives, supportive investors, and aspirational underlying tenants and stakeholders, we see tremendous near and long-term tailwinds for sustainability-focused real assets.”
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