Swedish portfolio manager turned US banking crisis into an opportunity

What does a portfolio manager do when the banking sector is in turmoil, and his fund is heavily invested in banks? Stefan Pari of fund manager Espiria tells his story.
When the US banking crisis erupted in March, portfolio manager Stefan Pari managed to turn it into an opportunity. | Photo: Espiria / Pr
When the US banking crisis erupted in March, portfolio manager Stefan Pari managed to turn it into an opportunity. | Photo: Espiria / Pr

When the US banking crisis erupted in March last year, Stefan Pari and a couple of his colleagues decided to forgo their leisure plans for the weekend. Instead, they went to work.

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