10 FUND IN FOCUS
With a steady hand: Asbjørn Trolle Hansen and his team are confident that they can help investors successfully steer through the current turmoil.
Isolating equity stability Equities offer the highest return potential in a multi- asset portfolio, but also contain the greatest source of risk. To counter this, Trolle Hansen and this team seek exposure to Stable/Low Risk Equities, which have repeatedly demonstrated an ability to perform better through periods of heightened volatility.4 “These Stable/Low Risk Stocks display a greater degree of solidity in stock price, earnings, dividends, EBITDA and cash flow than the broader market,” Trolle Hansen explains. The first step in the identification process is to eval- uate the universe of 10,000 companies from more than 50 countries and remove stocks with low liquid- ity and less than five years of fundamental data. The Multi Assets Team then applies quantitative screens based on fundamental factors, before selecting hold- ings on account of valuation and other risk control metrics. Once the team have identified a basket of appealing stocks, they hedge out the sensitivity – or
on this segment of the market. “We have long argued that traditional diversification can no longer protect investors to the extent they have been accustomed to, and it is not getting any easier in this increasingly complex environment,” Trolle Hansen points out. “Therefore, efficient diversification is not just allocat- ing to different asset classes, but about identifying a select number of truly uncorrelated positions able to deliver through all market environments.”3
Nordea 1 – Stable Return Fund
Asbjørn Trolle Hansen
Manager
EUR
Base currency
LU0227384020 (BP-EUR) LU0351545230 (BI-EUR)
ISIN
02.11.2005 (BP-EUR) 01.04.2008 (BI-EUR)
Launch dates
nordic friends
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