CF Insights
The strength of a sleepy market
The stock market is starting to get a little sleepy, with turnover falling. This is certainly normal over the summer, with good news no longer met with hysterical price reactions,...
ESG on the agenda
The Indian market continued its upward journey in June. As India recovers from the second wave of Covid-19, which hit in April and May, the stock market is gaining. There...
Digitalisation and growth
Carnegie Listed Private Equity returned 4.0 percent in June, and is up 25.6 percent from the start of the year. The best performers this month were Chrysalis, Ares Management, Apollo...
The conclusion is that the Chinese government needs to strengthen its grip on power
The Asian markets were up in June. Worry about inflation resulting from global central bank support has been a recurring theme this spring. The recent message from the US Fed...
The fund participated in two IPOs
Of the 68 IPOs that took place in Sweden alone during the first half of the year, we have found it tough to identify really undervalued and good cases until...
Green, social and sustainability-linked
There was intense activity in the primary market at the beginning of the month as companies sought to reach investors before the summer lull. This led in turn to slower...
Discounted defensives
Global equities had another good month, ending the first half of the year with an impressive slate. Continued generous monetary policy and increased vaccination rates contributed to the optimism. However,...
The “New” New York Times
Currency effects were positive and added 2.4 percentage points. The biggest winners were Moody’s, Microsoft and KKR, and the biggest losers were Qualitas, Hikari Tsushin and Inditex. In this monthly...
SSAB issued a sustainability bond aimed at cutting greenhouse gas emissions by 10 percent by 2025
Inflation risks are still present, and one thing worth mentioning on this theme is that the US Federal Reserve now expects interest rate increases in 2023 rather than in 2024....
Upbeat company news
The strong performance continued, albeit at a slower pace as local credit margins converge towards their European counterparts. And even though the number of obvious mispricings is falling, the difference...
A non-issue for housing brought down the government
There has been a political storm recently, a storm that started in a teacup. Introducing market rents for new builds should not lead to a major political pushback. But it...
Investor: one of the major contributors to the fund’s positive performance
Risk assets were strong in June. On the equities side, both IT and energy companies did well, with the latter benefitting from rising oil prices. Long-term interest rates fell slightly...
Rysslandsfond reaches new highs
Carnegie Rysslandsfond gained over 6 percent again in June, taking it to new highs. A strong oil price naturally benefitted the market, while the perceived political risk reduced somewhat with...
Good reports
Currency effects were negative in May and reduced the return by 1.5 percentage points. The biggest winners were HCA, Inditex and Schwab, and the biggest losers were Mastercard, Ryman Healthcare...