Espiria Nordic Corporate Bond surpasses SEK 8 billion, a new milestone for one of Sweden's fastest-growing credit funds

Espiria Nordic Corporate Bond surpasses SEK 8 billion, a new milestone for one of Sweden's fastest-growing credit funds

Espiria, part of East Capital Group, announces that the Espiria Nordic Corporate Bond fund has surpassed SEK 8 billion in assets under management. The milestone arrives just one year after the fund crossed SEK 5 billion, an achievement that itself came only two and a half years after launch. This growth momentum is a testament to sustained investor confidence and the depth of expertise that defines the entire Espiria investment team.

The fund’s trajectory stands apart in the Swedish corporate bond market. Since inception, Espiria Nordic Corporate Bond has captured around 10% of total net flows into Swedish Nordic corporate bond funds*, continuing to attract capital from both Nordic and international investors. This growth has been driven by a consistent approach: disciplined credit analysis, a diversified portfolio of Nordic corporate bonds and a rigorous focus on balancing risk and return. 
 
Since inception, the fund has delivered a total return of 23.9% (net of fees) in SEK terms at 31 May 2026, a record built on the same principles that have guided the fund from day one. 
 
The milestone comes at a moment of broader recognition for Espiria. Earlier this year, at the LSEG Lipper Fund Awards 2026 (Nordics), East Capital Group was named Best Mixed Asset Small Fund Family Group for the second consecutive year, while all three Espiria mixed-asset funds, Espiria 30, Espiria 60 and Espiria 90, were recognised in their respective categories. Together, these awards confirm what the credit team has demonstrated in parallel: that consistent process, applied with rigour across strategies, delivers results. 
 
Stefan Pari, Lead Portfolio Manager, Espiria Nordic Corporate Bond, said, "One year ago, passing SEK 5 billion felt like a significant moment. To now be at SEK 8 billion, with the same philosophy intact and performance holding, is genuinely gratifying. We have never deviated from what we set out to do: build a focused, well-diversified portfolio of Nordic corporate bonds and manage it with care. Investors have rewarded that consistency, and it is a trust we take seriously every single day."  
 
Peter van Berlekom, Chief Investment Officer (CIO), Espiria, said, "What this fund represents is what we believe good asset management looks like: a small, agile team, a fixed and disciplined process, and conviction over the long term. The Nordic fixed income market is one where we have genuine edge. We know the issuers, we understand the dynamics, and we can add value in both investment grade and high yield. From the Espiria mixed-asset funds to this, both crossing milestones in the same period, it reflects the strength of the full platform."  
 
Nikodemus Dahlgren, Head of Sales, East Capital Group, said, "The pace of growth here is exceptional. Going from SEK 5 billion to SEK 8 billion in twelve months, against a backdrop of market uncertainty, tells you something important: investors are looking for managers with a clear philosophy and a verifiable track record, and they are finding that in Espiria. The recognition we received at LSEG Lipper Fund Awards this year, both at group and fund level, has only reinforced that story in conversations with clients and prospects across the Nordics and internationally."  
 
Espiria's expansion continues. The investment team has grown to meet demand, with new portfolio managers strengthening capabilities across both equities and fixed income. The momentum built over the past year positions Espiria for continued growth across its full fund range. 
 
* data from Fondbolagens Förening 

Documents & links

Related articles

Espiria launches a new fund: Veteran manager brings a fresh take on Swedish Small Cap equities
Favicon 32X32 (2)

East Capital Group

East Capital Group recruits Adam Petersson Ellafi to strengthen Swedish Institutional Sales
Favicon 32X32 (2)

East Capital Group

H1 2025 Impact Report - East Capital Global Emerging Markets Sustainable
East Capital

East Capital

The President of Estonia awards East Capital Group founder, Peter Elam Håkansson, with the Order of the White Star
Favicon 32X32 (2)

East Capital Group

East Capital Group expands its ownership stake in Hjerta
Favicon 32X32 (2)

East Capital Group