CF Insights
Resilient infrastructure companies
The first half of 2022 was a very difficult period for equities. Persistent high inflation and rising interest rates, the war in Ukraine and an ever higher risk of recession...
Grasping the opportunities
The major trends in private equity are once again clear this year. Our holdings continue to grow in size and are becoming increasingly diversified in terms of strategies, sectors and...
A situation utterly unprecedented
Russia began a full-scale invasion of Ukraine in late February. The aim was to rapidly take over the entire country, but the whole has now instead evolved into a protracted...
GHP out and Enea in
A bid was placed this month for GHP International, one of the smaller holdings in the portfolio. We sold the shares almost at the bid level, and instead Enea was...
Profit expectations remain positive
Despite the turbulence in the capital markets during the early months of the year, profit expectations are relatively unaffected. This may explain why the stock markets have not noted major...
Losses are replaced with new soldiers
Despite everything that has happened this past month, this is the monthly report I have found most difficult to write, and there have been quite a few during all my...
Stability in a turbulent world
These are troubled times, and we are seeing great human suffering in Ukraine. The stock markets had a relatively quiet month, but most major indices fell further. Carnegie Listed Private...
Profit expectations remain positive
Despite the turbulence in the capital markets during the early months of the year, profit expectations are relatively unaffected. This may explain why the stock markets have not noted major...
A wild ride in March
March was strongly influenced by the war in Ukraine that broke out at the end of February, and there was great focus on steeply higher energy and commodity prices, continued...
Carnegie Rysslandsfond suspended due to the war in Ukraine
Russia’s actions in Ukraine are a tragedy, especially for the people of Ukraine. Putin’s actions are destroying relations with the West, undermining Russia’s economy, and threaten peace throughout Europe. These...
A new generation comes aboard
SEK 36 billion. This is the amount that Carnegie Fonder currently manages in fixed income funds, and, as this capital has grown, so we have expanded our fixed income management...
Volatile November
Index movements were relatively moderate if we look only at the start and end of November, but much more happened in between. There were dramatic increases in European electricity prices,...
More cautious offensive
The recovery in the economy and the stock markets continued in November. That said, reports of higher-than-expected inflation, mainly for durable goods, raised concerns. There is reason to believe that...
G5 and Fortinova new holdings in November
G5 was added as a new holding this month. This is a game developer that focuses on women 35+ and that has a strength in match-3 games and hidden objects....