Has monetary policy painted itself into a corner? Are interest rates bound to stay low for years to come? The discussion resurfaced, or picked up pace, as the Federal Funds rate was cut by a quarter point on the last day of July. Read our latest monthly reports.
Imagine that you bought Norwegian shares at the very end of August 2008 – two weeks before Lehman Brothers went bankrupt. Less than three months later, on 21 November, you would have lost a whopping 56 per cent of your bet. Is it in fact possible to imagine poorer timing? And yet: If indeed you had invested in the Norwegian stock market just before the crash and stayed the course for ten years, you would have doubled your bet.
Scatec Solar develops, builds, owns and operates solar power plants in cooperation with local government on several continents. The company was listed in October 2014 and had a share issue earlier that same year. Pareto Nordic Return was among those who subscribed to the share issue, and the fund has been a shareholder since.
Pareto Asset Management is an independent fund manager, established in 1995. The company is part of the Pareto group, headquartered in Oslo, with branches in Stockholm and Frankfurt.