Ville Kivipelto

Danske Bank-Finland offers a broad range of high-quality equity and bond sub-funds to investors. The individual sub-funds are investing within specific investment areas, i.e. European equities or global bonds.

Danske-Finland is an active, long-term manager which constructs portfolios invested in equity, debt and alternative instruments across strategies and regions with a strong emphasis on European markets. They focus on core investment areas and select external managers for investments in regions where they do not possess specialist expertise, seeking to identify global trends within traditional and new, fast growing sectors. The firm's equity investment philosophy follows a bottom-up approach and is based on the belief that markets are inefficient, especially when it comes to pricing companies undergoing changes. Their investment process begins with systematic qualitative and quantitative screening designed to identify and evaluate companies experiencing or about to experience changes. They then apply their proprietary valuation model, DCF, which is based on fundamental analysis. The final step of the process is a comparison of the changes undergone by companies, their quality and their market evaluation. Danske-Finland 's fixed-income investment philosophy also aims to exploit market inefficiencies and consists of a top-down and bottom-up research process combined with quantitative and qualitative analysis.

AFMC manages portfolios focused on the Nordic equity markets and aiming to achieve absolute return. In order to reach this goal the firm relies on four main strategies: long/short equity, representing the bulk of investments, pairs and tactical trading, risk arbitrage and volatility arbitrage. The firm's research and investment processes vary according to the investment strategies used. As a long / short investor, AFMC bases equity purchases and short selling on the assessment of company fundamentals and valuations obtained through fundamental and qualitative research. When engaging in pairs and tactical trading the firm also relies on technical analysis to help assess absolute and relative price developments. As a risk and volatility arbitrageur AFMC invests in special situations and uses equity market neutral option strategies.