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

Nordea 1 - Flexible Fixed Income BP EUR

Ranked 30 out of 39 in - Global Flexible over 12 months
All calculations are in EUR unless stated

Managed by

Karsten Bierre

Head of Macro & Strategy, head of fixed income asset allocation and senior portfolio manager at Nordea Investment Management since 2003, Karsten Bierre manages the Nordea 1 Flexible Fixed Income and the Nordea Invest Verdens Obligationsmarkeder funds dealing in global bonds, using a long only total return global fixed income strategy. Before joining Nordea, Karsten was a senior analyst, strategist at Nordea Markets and prior to this a senior economist at Danske Bank. He is a member of the Danish Finance Society and the Danish Economic Society and graduated from the University of Copenhagen with a degree in Economics. Karsten is a keen swimmer outside of work.

Objective

The Sub-fund will implement its investment strategy by taking positions in a broad range of fixed income asset classes, sub asset classes and currencies globally by investing directly into securities or indirectly via the use of Derivatives and to a limited extend into funds. Asset classes and sub-classes refer to a group of assets of common sectors, geographic areas, ratings, security type, or any other criteria relevant for the construction of each investment strategy.

Showing fund performance in Belgium View performance globally

Performance

Global Flexible over : 31/10/2016 - 31/10/2017
  • Rank 30/39 Total Return
  • Rank 23/39 Standard Deviation
  • Rank 24/39 Max Drawdown
Fund Name Currency Return
28 Morgan Stanley Global Fixed Income Opps A EUR EUR

-0.2%

29 AB SICAV I-Diversified Yield Plus Pf A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.2%

30 Nordea 1 - Flexible Fixed Income BP EUR EUR

-0.5%

31 BGF Strategic Global Bond E2 EUR hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

32 Amundi Oblig Internationales EUR P EUR

-0.8%

Fund Name Currency Risk
22 M&G Global Macro Bond EUR C-H Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.6

23 Nordea 1 - Flexible Fixed Income BP EUR EUR

2.8

24 Fidelity Funds - Flexible Bond A-EUR (EUR/GBP) H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

25 Fidelity Funds - Global Income Y-ACC-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

Fund Name Currency Loss
22 Carmignac Pfl Unconstrained Glbl Bd A EUR acc EUR

-2.2%

23 Fidelity Funds - Flexible Bond A-EUR (EUR/GBP) H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.2%

24 Nordea 1 - Flexible Fixed Income BP EUR EUR

-2.2%

24 Schroder ISF Global Multi Credit A Inc Hdg EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.2%

26 ABN AMRO MMF FoM Flexible Bonds AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.3%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 0.8% 0.2% -0.2%
2016 1.0% 2.3% 0.6% 0.5% -2.4%
2015 1.3% 2.2% -1.2% -0.3% 0.6%
2014 5.7% 2.3% 2.5% 0.1% 0.7%
2013 0.9% 0.4%

Month by Month Performance

Returns Vs Risk

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. Norway
  14. Singapore
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date02/05/2013
  • Share Class size560Mn
  • Base currencyEUR
  • ISIN LU0915365364

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.80%

Related News

Crisis control: selectors reveal top funds for tough times

As volatility is part of every asset allocators’ job, Citywire Selector canvassed top investors on who to back when things look bleak.

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