Luxembourg, 17 February, 2026 — Nordea Asset Management is pleased to announce that the Nordea 1 – Active Rates Opportunities Fund (BI EUR – LU1915690835; BP EUR – LU1915690595) has exceeded €1 billion in assets under management, reflecting growing investor demand for compelling alternatives to cash in today’s uncertain environment.
With the ECB having lowered rates to the 2% tipping point, traditional low risk solutions such as deposits and short-term bond solutions no longer offer inflation-beating returns. At the same time, elevated market uncertainty and volatility call for a cautious approach to credit risk.
In this environment, the Nordea 1 – Active Rates Opportunities Fund (“The Fund”) has gained popularity, as it is specifically designed to address these challenges. The Fund employs an active investment approach aiming to generate steady returns through different market conditions, with a focus on consistently outperforming cash. *
The fund actively manages interest rate exposure and limits duration, dynamically investing in high-quality European government and covered bonds, with no exposure to traditional credit bonds. Its low correlation with traditional fixed income segments provides diversification benefits, positioning the Fund as a strong alternative to conventional fixed income allocations.
Consistent Outperformance Across Market Cycles
Since its launch in January 2019, Nordea’s Fixed Income Rates Team has guided the Fund to outperform cash by more than 2% per annum (net of fees)1, while maintaining consistently low drawdowns. This performance has been achieved across both rising and falling interest rate environments. The Fund has demonstrated interest rate-independence through its ability to generate returns across challenging market conditions—including in 2022, a year marked by significant stress in fixed income markets.
Expert Management and Disciplined Process
The fund is managed by Nordea’s award-winning Fixed Income Rates Team, which brings over 15 years of collaboration and more than EUR 40 billion under management (as at 31.01.2026). The team combines rigorous research with active allocation across high-quality sovereign, supranational, and covered bonds aiming to deliver reliable and consistent performance.*
For investors seeking greater upside and willing to accept higher risk, the Nordea 1 – Dynamic Rates Opportunities Fund offers an exciting alternative. Launched in 2024, this solution shares the same disciplined approach as Nordea 1–Active Rates Opportunities Fund, with enhanced flexibility and a higher risk/reward profile.