AMWatch

Fund manager uses own model and bets on casino to beat peers

With a 30 percent return since the start of the year, few others can compete with the First Norden Fokus fund.  At the end of May, the fund manager added to Danish firms to his Nordic portfolio.

Fund manager Thomas Nielsen.

Portfolio manager Thomas Nielsen is satisfied with the development that the fund has experienced since it was launched as recently as August last year.

"It is still very early, and external circumstances have potentially had a significant effect on the results so far. Since I require long-term, superior results from the companies I invest in, it is natural that our clients expect the same of me. We therefore haven't marketed the fund that much so far, but over the past few months, interest has increased significantly," says Nielsen.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

SSGA launches HY index fund with ESG screens in effort to convert active investors

95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.

Further reading

Related articles

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch