Nordic equities

The Nordic region is looked upon by many as a miniature-global economy. With high technology saturated societies, the countries of Norway, Sweden, Denmark and Finland all possess various industrial heritages that remain important even today.

The various Nordic countries are small open economies with long traditions in foreign trade. In their global efforts, the various Nordic companies have typically positioned themselves in regions with high economic growth - close to one third of their total revenues are from Emerging Market countries. As a result, the Nordic index is well diversified both on sector and company level.

Nordic equities have strong fundamentals, and have historically outperformed both Global and European equities. Annual excess return versus the global index is close to 4% over the period from 1970 through 2010.

Home Market: The Nordic countries have in effect one common language (except Finland, where Swedish is widely commanded) and share largely the same cultural values. This, together with DNB being one of the leading asset managers of the Nordic region, enables easy access to information, companies and company management for the Nordic team.

Resources: DNB has dedicated substantial resources to cover our home markets in Norway and Sweden.Along with experienced portfolio managers operating our Nordic funds, DNB is recognized as one of the leading Nordic asset managers. 

Structured Investment Process: The Nordic team focuses on stock-picking within a top-down framework. The investment style is opportunistic (style neutral) with a strong focus on valuation in stock picking as well as disciplined risk management in portfolio construction.