The positive development for the Nordic market continued in February, fueled by the potent momentum for risk assets globally. February continued with high activity in the primary market, basically across all sectors in the Nordic region. Large new issue volumes have evidently absorbed some of the investor demand, resulting in somewhat lower activity in the secondhand market.
Upon entering 2019, financial markets were in the grip of gloom. Dimming global growth prospects and an unpredictable end to the trade negotiations between USA and China put a definite damper on the market sentiment. And yet, 12 more months were to pass before anyone had heard about the coronavirus.
Read the complete annual review by our Chief Investment Officer Finn Øystein Bergh.
Pareto Asset Management is an independent fund manager, with operations dating back to 1995. The company is part of the Pareto group, headquartered in Oslo, with branches in Stockholm and Frankfurt.
We believe that responsible investments are important for achieving the best possible risk-adjusted return for our unitholders and clients, and shall exercise active ownership in the portfolio companies in order to promote responsible business operations.