The fund blog: Carnegie Strategy Fund
Record valuation gap between growth stocks and value stocks
Securities markets have gained successive vigour as the spread of the coronavirus has slowed and a number of countries have begun to ease restrictions on people leaving their homes. Stock...
Fund trading suspended
The prevailing exceptional market turmoil has led to uncertainty in the pricing of corporate bonds. Carnegie Fonder has therefore decided to suspend trading in the funds that invest in corporate...
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...
Greater share of equities
Unusually weak performance in both the equity and credit markets in December led to hopes of a positive annual return for the fund being dashed. The return in December was...
Essity showing good health
The Swedish stock market rose 2.7 percent in August and appears at first glance to be one of the best this month. But if the performance of other markets is...
Unusually vigorous price movements
The global economy continued to deliver strong performance. As an example, GDP rose in the second quarter of the year by 4.1 percent in the US and 3.3 percent in...
Pension savers should beware
Momentum has been a successful investment strategy this year, especially in May and June. This means securities that have already performed well continue upward irrespective of their valuation. But so-called...
A pattern reminiscent of the dot-com crash
The fund fell 0.7 percent in May, which means the gain so far this year is 0.9 percent. The fund seeks out investments in companies with businesses we believe we...
Signs of a weaker economy
After a weak March, stock markets picked up in April. The fund rose 2.0 percent. Companies generally reported a strong first quarter with high earnings growth. The main report pleasers...
First-rate Finnish property yield
The securities markets have had outstanding ability to disregard various political risks for a long time. Attention has been focused instead on inflation expectations and corporate earnings performance, which has...
The importance of diversification
Securities markets were marked by inflation worries in early February. American statistics suddenly showed that wage increases had accelerated, something that pundits had long awaited. Expectations of higher interest rates...
Great expectations for the reports
Global economic growth has been a pleasant surprise, giving a boost to cyclical shares in particular. The flipside is the potential for inflation worries to gain ground and flourish. This...
Six straight years of gains
Nordic stock markets experienced a slightly weaker December, with a small decline. Interest rates rose slightly, while credit spreads remained stable overall. The fund fell 0.8 percent. It therefore closed...
Balanced bonds and equities
Development was relatively weak in November in European equity markets, particularly in Sweden. The euro appreciated against most currencies, which is one explanation for the trend, but the Swedish krona...