What products does Alfred Berg offer?
Alfred Berg is the Nordic and Emerging Europe specialist of BNP Paribas Asset Management. We are based on the ground in the Nordics (Norway and Sweden) close to the Nordic companies. Sweden is a well known place for management of Emerging European assets.
As an asset manager specialised in the Nordic Region and in Emerging Europe, we offer a range of products. Some are local products in Norway or Sweden and some are local Luxembourg products, Parvest or Parworld. For some of our local Nordic clients we do private mandates.
In addition to existing products and mandates, we manage a wide range of international products that invest in Nordic or Emerging Europe assets. Some of these are for instance local Japanese, French and Belgian products. These are all tailored to the need of the client. Some examples are Nordic Investment Grade, Nordic High Yield, Nordic Crossover, Nordic Small Cap Equity and Nordic Balanced.
To reply to the increasing international demand, we have added some new pages to our website (www.alfredberg.com) that briefly describes some of the main products we see clients are interested in.
This information can be found here: https://www.alfredberg.com/our-funds/
If you’re interested in information about these products and our capabilities, contact us.
There is a lot of confusion and uncertainty when I discuss portfolio currency hedging with investors. I often meet the expression «hedging cost» and it often refers to the interest rate differentials (long the interbank rate you hedge to and short the interbank rate you hedge from). This is not the real hedge cost, but the hedge impact. The hedge cost is OTC trading costs, credit risk and bid/offer imbalance. Confused already?
«When the oil price tanks eyes turns to the NOKie». We often see the Brent oil price as a factor for explanation of the moves in the Norwegian krone (NOK) versus other currencies, but how does it really work over time? We have been looking closer to this relationship and have some interesting findings. These findings can be split in three levels:
What impacts the Norwegian krone price to the euro and why is the Norwegian krone so weak? These are frequent questions since some time and it is easy to understand why investors ask these questions. The Norwegian economy is going to once again be the outliar with a likely much stronger GDP growth in 2019 compared to the rest of Europe. Norwegian interest rates are positive, yes you read right, and the central bank recently hiked interest rates and upped their interest rate path.
Nordic green bonds – is it greener in the Nordics?
The Nordic capital market was early on putting sustainability and ethical investing high on the agenda. Especially large institutional Swedish investors have been driving the demand and other investors have followed. It is maybe not that surprising that the Nordic region played an important role in introducing green bonds in the global capital market.
Investments in funds are always related to risk. Past performance is no guarantee of future results. Performances are calculated net of fees. Investments in funds are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment.