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Nordea 1 - Stable Return BP EUR

Ranked 1 out of 1 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

Objective and investment policy The Subfunds objective is to preserve the Shareholders capital and to provide a stable growth to the Shareholders over a full investment cycle. This Subfund invests, either directly or via the use of Derivatives, in all permissible types of asset classes such as Equity Related Securities, Debt Securities, and Money Market Instruments. The asset allocation will vary over time, in anticipation of market movements. The asset allocation will typically consist of Equity Related Securities and Debt Securities.

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Performance

Absolute Return EUR over : 31/05/2016 - 31/05/2017
  • Rank 1/1 Total Return
  • Rank 1/1 Standard Deviation
  • Rank 1/1 Max Drawdown
Fund Name Currency Return
1 Nordea 1 - Stable Return BP EUR EUR

1.7%

Fund Name Currency Risk
1 Nordea 1 - Stable Return BP EUR EUR

4.2

Fund Name Currency Loss
1 Nordea 1 - Stable Return BP EUR EUR

-4.6%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 2.8%
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

31/03/2017

Top 10 Holdings

Stock Size
US Treasury 2.000% 15-Feb-2025 3.02
US Treasury 2.000% 15-Feb-2023 2.02
US Treasury 2.250% 15-Nov-2024 1.72
Realkrdt Danmark 1.000% 01-Apr-2019 1.57
Amgen Inc ORD 1.50
Walgreens Boots Alliance Inc ORD 1.38
CVS Health Corp ORD 1.35
Nykredit Realkredit A/S 2.500% 01-Oct-2047 1.34
Verizon Communications Inc ORD 1.12
Nippon Telegraph and Telephone Corp ORD 1.11
31/03/2017

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 size7,384Mn
  • Base currencyEUR
  • ISIN LU0227384020

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.50%

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Nordea's multi-asset chief rotates into treasuries and US utilities

Citywire A-rated manager looks for defensively attractive sectors while cutting exposure to 'classic' consumer staples and high yield.

Govvies no longer offer capital protection, says mixed asset star

Time for multi-asset investors to look at different ways to preserve capital, says Citywire A-rated Asbjørn Trolle Hansen.

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