Sustainable bond manager shuns Nordic banks

The risk-return perspective of Nordic banks is less attractive than that of other banks in certain central European markets, says Romain Miginiac, portfolio manager at GAM Investments.
Romain Miginiac, portfolio manager at GAM Investments. | Photo: PR GAM Investments.
Romain Miginiac, portfolio manager at GAM Investments. | Photo: PR GAM Investments.

Although Nordic banks rank well in terms of sustainability, their risk-return perspective is less attractive compared to French or Benelux banks, says Romain Miginiac, portfolio manager of Sustainable Climate Bond fund at Swiss manager GAM Investments.

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