AMWatch

Pandemic shakes up Swedish small caps amid liberal virus restrictions

Swedes are gardening outdoors and gambling online "like never before" during the pandemic, says SEB's Chief Equity Strategist. Swedish small caps with international operations have made acquisitions despite the market turbulence, reports Odin Fonder's senior portfolio manager.

(Left-right) SEB’s Chief Equity Strategist Esbjörn Lundevall and Odin Fonder's Senior Portfolio Manager Jonathan Schönbäck. | Photo: SEB and Odin Fonder.

Some Swedish small caps are likely to benefit from Sweden’s more liberal approach to coronavirus restrictions, according to SEB’s Chief Equity Strategist Esbjörn Lundevall.

However, the overall small cap performance in Sweden, Denmark and Finland is still pretty similar, while Norwegian small caps stand out from their Nordic peers, Lundevall says to AMWatch.

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