News and notifications
News and information about our funds and market commentaries.
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Annual report 2023
Annual report for our Norwegian-registered funds with information on the management company and other financial products.
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Adjusted expectations
Interest rates rose again in February, at both ends of the yield curve. This obviously reflects a realisation that key policy rates won’t be cut as fast or as much as many seemed to believe just a few months ago. Much of the decline from the last months of 2023 is thus wiped out.
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EuroHedge award win for Pareto Total: Best global equity hedge fund
At the EuroHedge Awards 2023, held in London on February 29, Pareto Total was honored with the award for Best Global Equity hedge fund. The award was announced at a black-tie dinner at the JW Marriott Grosvenor House, with an audience of more than 400 senior executives.
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Risk as we don’t know it
Securities markets in January were a mixed bag. Of the indices that I follow, the Danish OMX Copenhagen 20 came out on top – again. It’s been one of the best places to be invested for quite some time now, with an accumulated three-year return of 81% in local currency. In comparison, the MSCI World Index reached less than 34%.
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Big deal
What drove markets in 2023? That’s an easy one: interest rates. Stock markets danced to the tune of changing interest rates, which in turn reflected shifting views on inflation and central bank rate moves or statements. The yield on US 10-year Treasury bonds in particular was centre stage for investors in a number of countries, due to the centrality of the US market.
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Stellar rating for Pareto Global through turbulent markets
Pareto Asset Management’s global equity fund, Pareto Global, now has five out of five stars from Morningstar for the last three years and four stars for the last five years.
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“You can’t improve what you don’t measure.”
In our line of business, we have been busy adapting to new sustainability legislation, such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR). You may have seen a line or two about that in these responsible investment reports.
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A nice reward for risk
There is a lot to say about November 2023 and in financial terms it’s all positive: It was an extraordinarily good month, with lower long rates and lower credit spreads fuelling a rally in both bonds and stocks.
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Merger information
Pareto Asset Management would like to announce that the merger between Pareto Investment Fund (merging fund) and Pareto Aksje Norge (receiving fund) has been completed.
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Result of the general meeting of unit-holders in Pareto Nordic Omega
At the extraordinary general meeting of Pareto Nordic Omega held on 6 December 2023, shareholders voted in favour of the merger between Pareto Nordic Omega (merging fund) and Pareto Total (receiving fund). The merger will take effect on 2 January 2024.