NN (L) Green Bond exceeds EUR 1 billion AuM

10 september 2019

NNIP publiceert in een persbericht:

“The rapid growth of the green bond market has also led to a rapidly expanding positive ecological impact and significant CO2 savings in particular. This is exemplified by the development of the NN (L) Green Bond fund, which passed the EUR 1 billion assets under management milestone in July 2019, only three years after its launch in 2016. Because of its current size of EUR 1.03 billion, the fund now saves 547,505 tonnes of CO2 annually.

For every EUR 1 million invested, the CO2 emissions of 534 tonnes saved by the fund are equivalent to the average annual emissions of 214 passenger cars, while for the portfolio as a whole, the renewable energy capacity added is equivalent to that generated by 113 wind turbines (as per end-July 2019). The fund also surpassed EUR 1 billion in assets under management, bringing the total strategy AuM including mandates to €1.5 billion as of end-July 2019.

The NN (L) Green Bond fund employs an impact investing strategy: it invests only in bond opportunities that combine attractive financial returns with a clear and measurable positive environmental impact. In addition to the environmental impact stemming from its CO2 savings, the strategy has outperformed from a financial perspective in every calendar year since its launch. Since inception, it has achieved an annualised outperformance of 0.63% (gross of fees) against the benchmark¹ (4.25% for our Green Bond fund, versus 3.62% for the benchmark, as at end-July 2019). Additionally, it is ranked in the top decile in its peer group.”

Ga naar de website van NNIP: klik hier

Multiple reports with cicle diagram and text

Over Exelerating

Het Exelerating platform helpt u om inzicht te krijgen in meer dan € 6.000 miljard Europees institutioneel belegd vermogen. Wij doen dit door duizenden openbare bronnen van institutionele beleggers te volgen en te analyseren.

Lees meer