The fund blog: Carnegie Asia
The US and China are at war
Although China demonstrated its strength by launching missiles in the South China Sea this week, this is not a military conflict but a trade war and a rhetorical war in...
Largest holding excels
A weaker dollar, an escalation of US-China trade rhetoric and a runaway virus in the US led to a sideways July trend in Asian markets. The value of Carnegie Asia...
Central banks are printing money and equity markets are rising
“Don’t fight the Fed,” is the usual expression. Asian markets were strong in June. Carnegie Asia rose 8.2 percent, taking the decline for the first half of the year to...
The world continues to watch China and Hong Kong
Asian markets were somewhat weaker in May, but did not fall as much in local currency. Almost the entire downturn consists of a 4.0 percent weakening of the dollar against...
China 95 percent normal
Asian markets recovered in April, following a record fall in March. Carnegie Asia rose 4.8 percent this month. All in all, China’s strategy for limiting the spread of the virus...
Trade war – A gentle breeze compared to Covid-19
After two months of lockdown, China now has limited numbers of new coronavirus infections. Japan and South Korea are well on track, and Taiwan, Hong Kong and Singapore are not...
Expect more Chinese support
Carnegie Asia fell 1.3 % this month. By now, it is no surprise to anyone that the spread of the coronavirus has completely dominated news reporting and the stock market...
Expect Chinese stimulus
Asian stock exchanges were weak in January. Carnegie Asia fell 1.6 % this month. Wuhan, China Asia’s stock exchanges began the year with rising prices after China provided economic stimulus...
Chinese phone maker Xiaomi joins the portfolio
Asian stock exchanges saw a strong end to the year. Carnegie Asia rose 3.4 percent in December. Over the full year the fund rose 21.2 percent, and given the starting...
Discussion of ESG-labelled cobalt for Tesla
Carnegie Asia fell 0,3 procent. I travelled to Asia in November to visit both new and old companies. This time I visited China, Indonesia and Vietnam, and met with twenty-seven...
Improved US-China harmony
Asian stock exchanges were up in October. Carnegie Asia rose 1.9 %. Central banks continue to inject new liquidity into the markets. This means greater risk appetite and a macro...
Three new Asian holdings
Asian stock markets performed positively in September. Carnegie Asia rose 2.7 percent. It is becoming increasingly clear that global economic activity continues to weaken. Statistics in the US, Europe and...
Values – Carnegie Fonder’s Sustainability Report
Focus is increasingly on sustainability. The concerns are rarely new to Carnegie Fonder because it has always been important to us to invest in companies for the long term and...
The trade war feels most like a game of call my bluff
Asian stock markets were weak in August. Carnegie Asia fell 3.0 percent. The news this month was dominated by five events, all negative. Democracy demonstrations in Hong Kong escalated. The...