New fund from Mandatum: Invest in European high-yield bonds!

New fund from Mandatum: Invest in European high-yield bonds!

Mandatum plc today launched a new fund to invest in European high yield bonds, a move that underlines the company's commitment to the bond market. After reviewing the company's past developments, the question arises as to how this new fund will impact the company's overall performance.

As of May 19, 2025, the current price of Mandatum shares was recorded at 5.246 euros, a decrease of 0.68% compared to the last five days. Compared to the beginning of the year, there was an even greater decline of 10.92%, while the share recorded an increase of 17.23% compared to the previous year. This mixed price performance could both warn and attract potential investors.

Current company developments

On May 15, Louise Sander was elected to the board of Mandatum plc, a decision that could potentially bring fresh impetus to the company. The focus is not only on personnel development, but also on strategic investments, such as the one in golf equipment manufacturer Takomo, which was announced on May 14th.

The Q1 2025 Earnings Call took place on May 8th and revealed that Mandatum is keeping its outlook for 2025 unchanged and its profit forecast for the current year has been confirmed. This could increase confidence in the stability of the company.

Analyst opinions and market reactions

However, analyst opinions are mixed. SEB Mandatum downgraded to “Sell” with a price target of 5.60 euros, and OP Corporate Bank also set the company to “Sell” with a price target of just 5.50 euros. These downgrades may reflect analyst skepticism, despite the positive year-over-year comparison.

The average price target is currently EUR 4.380, which shows a significant distance of -17.08% from the last closing price. Such differences can be important to investors when making decisions about buying or selling stocks.

Mandatum Oyj is a Finland-based company that offers a variety of financial services, including portfolio management, individual investment advice and services in wealth management, retirement planning and risk insurance. The target group ranges from corporate customers and private customers to institutional investors and asset managers.

For more information on the latest developments at Mandatum, visit MarketScreener or Yahoo Finance.