Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Nordea 1 - Stable Return BP EUR

Ranked 57 out of 99 in - Absolute Return EUR over 12 months
All calculations are in EUR unless stated

Managed by

Asbjørn Trolle Hansen

Asbjørn Trolle Hansen is Head of the Asset Allocation Team at Nordea Investment Management. Hansen joined Nordea in 2004, after having held positions at Alfred Berg, Dresdner Kleinwort Benson and NatWest. He co-manages the Nordea 1 – Stable Return fund alongside Claus Vorm and is also lead manager on the Nordea 1- Multi Asset Plus fund. Hansen has not changed his bottom-up, fundamental investment style during his tenure on the funds, although he says that he has introduced new strategies to adapt to changes in the markets. He attended both the University of Aarhus and the London School of Economics, and holds a PhD in Mathematical Finance.

Kurt Kongsted

Kurt Kongsted holds a Master’s Degree in Economics from the University of Aarhus. Mr. Kongsted joined Nordea Investment Management AB in 2002 as an analyst within the current Multi Assets team. He has been responsible for the development of Nordea Investment Management’s proprietary Asset Liability Management tools and Strategic Asset Allocation models. Since 2005 he has been a co-portfolio manager of the Stable Return Fund range of products. In 2010 Mr. Kongsted was also appointed Head of Strategic Asset Allocation.

Claus Vorm

Claus Vorm was born in Denmark in 1971. He graduated from the University of Aarhus with a master's degree in mathematics and economics and a PhD on the interplay between insurance and finance. Claus started his career in 2000 as an associate professor at the Laboratory of Actuarial Mathematics at Copenhagen University. In 2001 he joined McKinsey & Co as part of their financial institution group. Claus joined Nordea Investment Management in 2004 where he is currently a fund manager. He has been managing funds for over five years and is a member of the Danish Actuarial Society. Outside of fund management he enjoys golf and running.

Objective

This Sub-fund aims to preserve the Shareholders capital and to provide a stable growth to the Shareholders over a full investment cycle. The investment manager aims to invest the assets of the Sub-fund into equities, bonds and Money Market Instruments in anticipation of up and down market movements. The investments will be made in a wide range of Transferable Securities and Money Market Instruments.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Absolute Return EUR over : 28/02/2016 - 28/02/2017
  • Rank 57/99 Total Return
  • Rank 79/99 Standard Deviation
  • Rank 87/99 Max Drawdown
Fund Name Currency Loss
85 Renta 4 Retorno Dinamico, FI EUR

-4.1%

86 Nordea Pro Stable Return Kasvu

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.6%

87 Nordea 1 - Stable Return BP EUR EUR

-4.6%

88 Schroder Selection Glo Srs-Wlth Pres EUR A EUR EUR

-4.8%

89 LAM-MULTI-ASSET L/S A EUR

-4.9%

Total Return

Quarterly Performance

to 01/01/2017 Annual Q1 Q2 Q3 Q4
2016 3.0% 4.7% 1.3% -0.2% -2.7%
2015 2.6% 3.8% -2.7% -0.2% 1.8%
2014 10.7% 1.7% 2.9% 2.9% 2.8%
2013 7.1% 3.8% 0.2% 1.1% 1.9%
2012 6.6% 3.4% -0.7% 3.7% 0.2%
2011 5.9% 0.1% 2.2% -0.8% 4.3%
2010 1.6% 0.6% -3.0% 3.9% 0.2%
2009 16.0% -2.7% 6.9% 6.1% 5.1%
2008 -9.7% -5.0% 0.0% -1.4% -3.7%
2007 0.0% 0.6% 0.6% 0.3% -1.4%
2006 7.4% 1.3% -1.3% 3.5% 3.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2016

Top 10 Holdings

Stock Size
US Treasury 2.000% 15-Feb-2025 3.86
US Treasury 2.250% 15-Nov-2024 3.69
US Treasury 2.000% 15-Nov-2021 2.67
US Treasury 2.000% 15-Feb-2023 2.61
Verizon Communications Inc ORD 1.61
Realkrdt Danmark 1.000% 01-Apr-2019 1.56
Johnson & Johnson ORD 1.51
CVS Health Corp ORD 1.47
Nykredit Realkredit A/S 2.500% 01-Oct-2047 1.32
Walgreens Boots Alliance Inc ORD 1.27
31/12/2016

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Estonia
  5. Finland
  6. France
  7. Germany
  8. Italy
  9. Latvia
  10. Lithuania
  11. Luxembourg
  12. Netherlands
  13. Poland
  14. Singapore
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date02/11/2005
  • Share Class size7,319Mn
  • Base currencyEUR
  • ISIN LU0227384020

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Related News

Nordea AM plans 15% staff growth and host of new funds

Industry reports show Nordic asset manager is seeking to further increase its presence in Europe and will seek to add portfolio managers.

The funds attracting the most money in 2016 revealed

VIDEO: Citywire Investment Research counts down the strategies sweeping up net inflows over the past 12 months.

Nordea AM soft-closes A-rated duo’s EM equity fund

Giant emerging market equity fund has seen increased inflows and will now close to new investors, Nordic asset manager has announced.

Nordea AM bolsters multi-asset range with new launch

Nordic asset manager hopes to bridge the gap between to existing funds with new launch.

Fund selectors slam soft-closed fund spin-offs

With Nordea seeking to maintain the momentum of its giant strategy through a new launch, Citywire Selector canvassed top investors’ views.

Launch pad: a rundown of this week’s new funds

Citywire Selector brings you a one-stop shop showcasing the latest changes you need to know.

Nordea to tap Stable Return appetite with new launch

Nordic investment firm moves to meet client demand with similar investment style to shuttered €17bn strategy.

Nordea soft-closes giant Stable Return fund

Investment firm stems flows into star team’s absolute return strategy following significant upswing in assets under management.

Hot money masters: inside Nordea’s mega-sized mixed asset fund

Asbjørn Trolle Hansen lifts the lid on the rising investor interest in the blockbuster strategy and how the team is handling the surge.

Duration protection is ‘broken’, says Nordea star Vorm

Citywire A-rated Claus Vorm believes investors are failing to address fixed income failings and warns against alternative assets due to lack of liquidity.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).