Varma invested EUR 230 million in the Sustainable Climate Corporate Bond Funds of the world's third-largest asset manager State Street Global Advisors. The funds aim to achieve a significant reduction in investors' exposure to carbon emissions and allocate capital to fund the transition to a low carbon economy.

According to Eric Dubos, CFO and member of the MACSF COMEX, with negative rates on a good part of the yield curve, the search for yield pushes investors to extend the duration of portfolios ...