New Nordic HY strategy secures €60m mandate

06.11.2013
Sparinvest today announces the launch of a new strategy focusing on Nordic High Yield. The strategy has already secured a EUR 60 million mandate.

Sparinvest has announced the launch of a new sub fund in Sparinvest SICAV-SIF, Nordic High Yield Value Bonds – a strategy based on the successful ‘Value Bonds’ investment process, however only selecting from the Nordic segment of the global High Yield universe. This new strategy has already attracted a EUR 60-million mandate from a major international institutional client but the SIF structure permits other institutional investors with a minimum investment of EUR 15m to buy in and obtain a portfolio of Nordic High Yield securities selected using Sparinvest’s value bonds process. 

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