The fund blog
Large inflow of international capital to India
The Indian market continued to trend very strongly in December. Carnegie Indienfond rose 4.6 percent. The market was characterised by increased global optimism following November’s US presidential election. The news...
Vaccination launch drives risk appetite
Covid, Covid, Covid! After dominating the news flow for almost a year, vaccine approvals and launches drove risk appetite this month. Investors see a light at the end of the...
Nordic HY market appears very attractive
Covid, Covid, Covid! After dominating everything for almost a year, vaccine approvals and launches drove risk appetite this month as investors glimpsed a light at the end of the tunnel....
Tighter credit margins and eased concerns
Sentiment was more upbeat towards the end of November, and this continued in December, resulting in a strong credit market. After a sometimes turbulent and stormy year, 2020 ended on...
There is still surplus value in Swedish forest land
The turbulent 2020 ended with a relatively calm December. Neither the stock markets nor the fixed income markets moved to any great extent. That said, it is worth noting that...
Focus: Nordic Waterproofing, Concentric and Systemair
The Stockholm stock exchange ended the year with a December gain of 1.3 percent. The small caps index was even stronger, with a rise of 5.1 percent. Carnegie Småbolagsfond was...
New anti-trust legislation in China
Asian stock markets continued to rise in December in local currency. But a steep weakening of the dollar by 3.7 percent meant that performance in SEK terms was somewhat negative....
Steel is red hot
Like most other stock markets, Russia rose steeply in December and was up over 8 percent in dollar terms. The gains were not as big in our own currency due...
You have to wonder when SBB’s Ilija Batljan gets time to sleep
The real estate sector as a whole was up only marginally on the stock market in December. But several individual companies performed strongly. As we mentioned in last month’s report,...
The equity market as a whole is bubbling with a 2000-feeling
Carnegie Sverigefond fell back slightly in December as bank shares tumbled and several large companies were forced to relinquish some of November’s gains, while small caps once again surged by...
Salesforce + Slack = true
Carnegie Global A fell 0.2 percent this month. The biggest winners were Disney, Qualitas and Progressive. The biggest losers were Salesforce, Inditex and Hikari Tsushin. It was mainly Disney’s optimistic...
Investments in Mercell, Epiroc and Storm Real Estate
The worries about elections and the virus that caused global financial markets to quake at the end of October disappeared as quickly as they arose. Fears that the US presidential...
Companies with elements of technology and digitalisation
The uncertainties that characterised the market at the end of October are as if blown away, and there is a strong belief in a return to normal after positive vaccine...
Nent bests its own ambitious targets
The Stockholm exchange was very strong, with an increase of 11.4 percent in November. The small caps index was almost as buoyant, with a gain of 11.3 percent. Carnegie Småbolagsfond...