The social stability and sound political systems found in the Nordics are reflected in the high quality of the corporate bond market.
When any of the Nordic countries make the news, it is often for their happy people, low corruption, innovative companies and their reputation for being the safest countries in the world. All proof that the Nordic region as a whole is truly faring well.
Even though there may be subtle differences among the countries that make up the Nordic region (We Finns, for instance, cry hoarse about how we aren’t like our Western neighbours), in terms of the economy, the Nordic region must be viewed as a unity. In fact, when clubbed together, they form the seventh largest state by population and the sixth largest economy in the European Union, even rivalling that of Spain.
When it comes to good economic performance and quality of life, the Nordics clearly have it almost perfectly balanced. Many start-ups are now making a beeline here, instead of traditional start-up destinations in Silicon Valley or the big capitals of Central or Southern Europe.
The social stability and sound political systems found in the Nordics are reflected in the high quality of the corporate bond market – and the power-packed performance of the companies based here. As our White Paper shows, Nordic bonds offer comparable quality and higher value than their core counterparts in the core Eurozone. With a great variety of sectors and low volatility, they add a welcome variety to the portfolio.
The Nordic corporate bond market can only be accessed via direct investments, as there are no exchange-traded funds or indices. This makes Evli’s Nordic Corporate Bond Fund a compelling proposition for those who want to benefit from the competitive performance of the Nordics – and get in on the action.
Text: Petter von Bonsdorff
Petter von Bonsdorff, MSc (Econ), Head of International Business Development for Evli’s funds. Petter has served professional investors with investment solutions since 1993, and joined Evli in 1996.