Two dedicated institutional share classes and a responsible-investment framework aligned with the UN-supported Principles for Responsible Investment (PRI) and the UN Global Compact.
Institutional Investment Grade and Institutional High Yield mirror our retail strategies in expected yield, but are structured for institutional balance sheets. Pricing, subscriptions and redemptions are agreed per mandate.
Sustainability is a key criterion in Velldor Capital's investment decisions — from asset allocation to the selection and ongoing monitoring of external asset managers. Velldor Capital adheres to the six Principles for Responsible Investment (PRI), developed through a collaboration between the United Nations and the financial industry. We only invest with external asset managers that have signed and comply with the PRI.
This means we strive to hold investments that contribute to a long-term economically, socially, and environmentally sustainable society, in line with the UN's 17 Sustainable Development Goals. Where any of these boundaries risk being exceeded, the Board is informed and an action plan is presented to address the situation.
We do not invest in companies that violate the international conventions to which Sweden is a signatory. These cover conventions on the environment, human rights, labour law, corruption, and controversial weapons, as also expressed through initiatives such as the UN Global Compact.
We do not invest in companies that develop controversial weapons — that is, weapons which, due to their effects, may not be used under international law, either because they indiscriminately affect civilians and soldiers alike, or because they cause unnecessary suffering. These weapons include nuclear weapons, anti-personnel mines, biological weapons, chemical weapons, cluster munitions, incendiary weapons, blinding laser weapons, and weapons containing non-detectable fragments.
We regard climate change as a central sustainability issue, and coal is the fossil fuel with the greatest negative impact on the climate. We refrain from investing in or financing companies that derive more than 5% of their revenues from thermal coal extraction, or more than 5% of their revenues from energy production based on thermal coal combustion.
We also refrain from investing in or financing companies that derive more than 5% of their revenues from the extraction of unconventional oil and gas (shale oil, shale gas, Arctic drilling, and oil sands). Investments in new fossil fuel extraction are likewise incompatible with our approach to sustainability. Where investments are made in companies active in the mining or energy sectors, an assessment is conducted of the transition plan using key indicators such as ESG rating, net-zero targets, and other relevant sustainability parameters.
We refrain from investing in or financing companies that derive more than 5% of their revenues from the production or distribution of commercial gambling operations (the operation of casinos, lotteries, bookmaking, online casino and gambling operators, as well as gambling products — slot machines and other gambling devices, gambling software and technology developers), tobacco, cannabis, alcohol, and pornography.
Investments are not made in companies domiciled in jurisdictions listed on the EU's list of non-cooperative jurisdictions with respect to tax and transparency. Furthermore, we expect that the companies in which we invest do not exploit such jurisdictions for tax planning purposes.
We do not provide direct financing to states that violate human rights and democracy, exhibit widespread corruption, or appear on the sanctions lists of the UN, the United States, or the European Union.
For institutional capital seeking Nordic credit expertise, delivered personally and managed responsibly.
