SEB sees big opportunity for impact fund

In 2019, SEB created a spin-off of its microfinance funds with a broader investment mandate. At this year’s half-year mark, the fund had exceeded its annual return target, but scars from 2020 are still visible at the fast-approaching three-year milestone.

Camilla Löwenhielm and Hanna Holmberg, portfolio managers within microfinance & impact at SEB. | Photo: PR / SEB

In the third quarter of 2019, SEB launched the Impact Opportunity Fund (IOF) to offer a product that – alongside a financial return – seeks to deliver both social and environmental outcomes.

IOF was created as a spin-off from SEB’s microfinance range that aims to create jobs in emerging and frontier markets by investing in finance institutions while generating yield for investors that is fairly uncorrelated with stocks and bonds, as previously covered by AMWatch.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Pensions sector responds to "unnuanced" carbon report

In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch