The Nordic economies have outpaced most markets, fostering innovative profitable companies and stable long term returns with low credit default rates.

However, the pandemic revealed the vulnerability of Nordic corporate bond market during the turmoil. The dominance of daily dealing UCITS funds results in flow-driven distortions and frequent mispricings, particulary during such periods of volatility.

Corporate bonds are traded OTC (Over The Counter) with high entry barriers, which makes it difficult for investors to access.