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Green bonds too crowded for EUR 46.9 billion fund keen on stocks

Green bonds are becoming so sought after that their returns no longer justify piling into the asset class, according to two largest private-sector pension funds in Finland.
The issuance of green bonds has more than tripled worldwide since 2015 as the securities become more mainstream and environmentally conscious investing takes off, according to data compiled by Bloomberg. | Photo: Colourbox
The issuance of green bonds has more than tripled worldwide since 2015 as the securities become more mainstream and environmentally conscious investing takes off, according to data compiled by Bloomberg. | Photo: Colourbox
Leo Laikola/Bloomberg

Risto Murto, runs one of the two largest private-sector pension funds in Finland finds that the green bond space is on the verge of being filled up.

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