While growth stocks have outplayed value investors for ten years, a Danish manager attracts major international investments
Even though value strategies have been under pressure since the financial meltdown, Maj Invest Value Aktier sees increasing interest from major international investors. Despite the challenging circumstances, the company has managed to beat its value benchmark, claims Head of Equities, eyeing opportunities in passive funds' growing market share.
BY DANIEL HEDELUND, FINANSWATCH
Value investors trying to purchase undervalued equities have struggled for the past ten years, not least because highly priced US tech companies such as Amazon have significantly increased since the financial meltdown. In other words, growth stocks have outplayed value stocks.
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So far, Ridge Capital’s Nordic high yield strategy has exceeded the targeted return, founders and portfolio managers Måns Levin and Christoffer Malmström tell AMWatch.
KLP and the KLP funds are excluding the American machinery manufacturer due to the risk of contributing to violations of human rights and international law in the West Bank and Gaza.
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American Century’s Pia Michelsson tells AMWatch that impact investing in the Nordic region is ”next level” in this first article of our 2024 Summer Series featuring international asset managers.