Nordea has launched a US bond fund to be sub-managed by Los Angeles-based fixed income specialist DoubleLine Capital.
The Nordea 1 - US Core Plus Bond fund will invest in investment grade US debt instruments alongside high yield, US dollar denominated emerging market debt and non-agency mortgage-based securities. The fund will be part of the company's Luxembourg-domiciled Nordea 1 Sicav range, alongside the Low Duration US High Yield Bond, US Corporate Bond, US High Yield Bond, North American High Yield Bond, and US Total Return Bond funds. Nordea launches multi-asset fund for UK market DoubleLine, an independent, employee-owned money management firm, has also provided investment services to the N...
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