Årets siste måned var i stor grad en positiv måned sett med en investors øyne. De aller fleste markedene leverte positiv avkastning, og Oslo Børs hadde sin tredje beste måned for hele året med en oppgang over 4 %, til tross for fallende olje­pris. Et par av teknologigigantene i USA opplevde en litt svakere avslutning på året, men mange av de har tross alt levert 50-70 % avkastning gjennom året.

  - Skrevet av Sales Director Charles Myrvik

Today, economic growth and equity market leadership are very narrow and rely on a few. This has created a more volatile and uncertain environment, but also opportunities for active investment management.

The world currently seems rather unipolar with the US and President Trump setting the agenda. Investors are kept busy trying to distinguish noise from reality. This has shortened investors’ time horizon and created a more complex investment environment.

A more fragmented and regional world challenges previous global investment paradigms – and increases the need for active and forward-looking capital allocation.

Equity markets globally reacted abruptly on Monday, 27 January, due to the introduction of the DeepSeek language model.