The approach provides a Nordic/Global corporate credit exposure with low geopolitical risk and a sound ESG profile.
Pareto Bond Funds - Update
December has been a concluding month of a very positive year for Nordic Bond markets. Monthly returns within the high-yield segment were roughly in line with yield carry. When compared to sector developments in 2023, the real estate sector has practically recovered in 2024, giving us a more stable and balanced picture of the market.
The credit spreads in the Nordic high-yield segment have concluded the year at 417 basis points, down from 610 points at the end of 2023. During the same period, primary market activity has seen a record year, coming to a total of NOK 230bn in 2024. Overall, the market paints a positive picture going into 2025.
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