Discretionary Portfolio Management

Aktiv Ränta

Aktiv Ränta is our pure bond portfolio. It contains directly owned corporate bonds in various sectors and with different interest rate structures, mainly variable and attractive coupon rates with short maturities, issued by listed companies and other creditworthy issuers. The weight in each individual security is between 8 and 10 percent and the total number of issuers monitored is around 30, of which the individual portfolios are invested in to varying extents.

Stiftelseportföljen

Stiftelseportföljen is primarily aimed at owners of less risk-averse capital such as foundations, or for pension provisions. The portfolio has, according to the normal distribution, one third of the holding in each of shares, hedge funds and fixed-income securities with the aim of creating stable returns at low risk.

High Dividend Equity Portfolio

This portfolio has direct ownership in high-dividend listed large Nordic companies with strong balance sheets and well-known brands. It has around 20 stocks, where those with the best conditions are overweighted. In addition, smaller, but interesting companies can also be entered.

The Fund Portfolio

Our fund portfolios have three different risk profiles – low, medium and high – and thus different composition of equity, hedge and bond funds. These portfolios are also adapted for small savers. They can be linked to a monthly savings or individual investments and can be held in a regular deposit, investment savings account, pension or endowment insurance.

The Absolute Return Portfolio

The portfolio consists of underlying assets with the objective of delivering returns regardless of the market climate. The management mixes different types of return strategies to achieve a low correlation with the stock market and a high risk-adjusted return over time. As many of the investment strategies are not available in Sweden, some securities are in foreign currency and thus involve a certain currency risk.

The Tactical Portfolio

This portfolio offers a good, stable and broad investment opportunity. The portfolio is a mix of shares to 40 percent (our high dividend portfolio) and absolute return assets to 60 percent (our portfolio Absolute Return). The portfolio offers exposure to shares, while the part with absolute return is a security during weaker stock market periods.

Our Investment Process

Market analysis – step 1

Placement and allocation decisions are made actively and well-founded through a combination of external and internal analysis. The external analysis is sourced from leading investment banks and research houses. Together with our internal analysis, which is based on the competence and experience of our employees, we form a clear view of the various markets. We start from a geographical normal distribution which is adjusted based on the prevailing market situation and external analysis. The decisions regarding overweight and underweight are the first part of our management methodology.

Placement Evaluation – Step 2

The second step in the investment process consists of finding the best possible investment options in each market. In order to create added value and the best possible risk-adjusted return, we start from both quantitative and qualitative analysis. We retrieve data from various databases and use several evaluation tools. In addition, we meet and interview companies and others in the market to get a clearer picture.

Risk adjustment – step 3

As a final step in portfolio composition, we adjust and ensure the level of risk. As the market is in constant change, we continuously check that the risk corresponds to the level you feel comfortable with and which we have determined in advance. In order to generate as high a risk-adjusted return as possible, different asset classes are weighted in order to optimize the portfolio. Continuous adjustment is carried out according to how the asset class changes.

Want to know more about portfolio management? Contact us for a dialogue.

We provide you with safe and competitive portfolio management, carried out by competent managers with many years of experience.