Kåpan makes seed investment in M&G's ESG bond fund

Nordic investors continue to be at the forefront of thinking about and incorporating ESG factors into their investment decisions, says Robert Heaney, Head of the Nordic Region at M&G Investments.
Photo: colourbox.com
Photo: colourbox.com
BY REETA ILONA PAAKKINEN

Swedish government workers pension fund Kåpan has made a seed investment in M&G (Lux) Global High Yield ESG Bond Fund. The total invested sum has not been disclosed.

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The environmental, social and governance ratings of exchange-traded funds are set to be downgraded by index provider MSCI. | Foto: Delcia Lopez/AP/Ritzau Scanpix

Hundreds of funds set to lose ESG rating