Skip to content Go to main navigation Go to language selector

News and Press Releases

All countries Selected countries
All areas Selected areas
All types Selected types
5 November 2019 | News

Inside the heads of three hedge fund managers – how do you generate a return regardless of market performance?

What do Catella’s fund managers think about the stock market situation right now, and how do they view the possibilities of being able to generate returns despite low interest rates, uncertain economic activity and regardless of stock market performance. This was the theme of one of the events during Catella Day, a panel discussion between three of Catella's hedge fund managers, Mattias Nilsson, Martin Jonsson, Anders Wennberg, and Carl Berg.

  • Sweden
  • Mutual Funds
5 November 2019 | News

Catella Day 2019 – Knowledge, insight, inspiration, innovation and energy!

For the seventh year in a row we organised our regular Catella Day event. We see Catella Day as an opportunity to offer our distributors important, useful and above all interesting content. Our ambition is that the content and the speakers we engage should really help to broaden views and contribute new perspectives. We have already started planning for next year.

  • Sweden
  • Mutual Funds
5 November 2019 | News

A sustainable small caps fund requires genuine stock picking

Risk information With less than two months left, 2019 has so far been a really strong stock market year. The Stockholm stock exchange’s broad OMXSPI index is up around 25 percent since the start of the year, and among the gems that have sparkled especially brightly are the market’s many small companies. How does Catella Småbolagsfond go about picking its stocks, what does a well-composed portfolio look like and, not least, which sectors and companies are particularly hot right now and for 2020? Forest products, selected health care and technology, and really good corporate management and reliable owners – this is a brief summary of the wish list of Martin Nilsson and Henrik Holmer, the managers of Catella Småbolagsfond.

  • Sweden
  • Mutual Funds
3 October 2019 | Press release

Property companies enters new territory as policy turns dovish

In the October issue of CREDI, the Main index increases from 50.8 to 56.3 indicating a substantially improved credit market. Property companies maintain an even stronger view of the credit market while banks improve their view of the future.

  • Sweden
  • Corporate Finance
2 October 2019 | News

We welcome Mattias Nilsson, a new portfolio manager at Catella Fonder!

Mattias Nilsson is a new portfolio manager at Catella. But he is not new to the industry and, with his solid experience, is a very good addition to Catella Fonder’s fund management team. We took the opportunity to interview him about his background, his views on hedge fund management and the upcoming reporting period.

  • Sweden
  • Mutual Funds
2 October 2019 | News

Can fixed income hedges generate returns when rates are negative?

After a large post-summer slide, Sweden now has negative interest rates. A Swedish ten-year government bond is at -0.2 percent, while the ten-year US treasury has fallen to 1.7 percent after having been over 3 percent. Sweden’s Riksbank governor Stefan Ingves has battled to raise inflation, which is about 1.5 percent. This means that a “parked” investment that should be really secure generates a negative return of around -1.7 percent after inflation. What can you do in a market like this? The fixed income managers for Catella Hedgefond and Credit Opportunity, Stefan Wigstrand and Thomas Elofsson, spend their days thinking about just this.

  • Sweden
  • Mutual Funds
20 September 2019 | News

Catella’s Martin Nilsson visits Lindab

My two-day business trip to Skåne begins with a visit to Lindab in the town of Grevie on the beautiful Bjäre peninsula. Lindab is an international industrial group that develops, manufactures, markets and distributes products and system solutions for construction and indoor climate.

  • Sweden
  • Mutual Funds
4 September 2019 | News

Outlook autumn 2019

Global stock markets are hanging in the balance. There are plenty of clouds, including weaker macro indicators, trade wars and Brexit. Will we slide into recession, as many believe?

  • Sweden
  • Mutual Funds
4 September 2019 | News

Exciting autumn for Small Cap

With a rise of more than 20 percent for the Stockholm stock exchange, the first half of 2019 was the best in 10 years. 

  • Sweden
  • Mutual Funds
4 September 2019 | News

Nordic Long Short - Is it really different this time?

Making judgments about the future calls for a large dose of humility. I would guess that most portfolio managers, particularly value-oriented ones, have asked themselves: Why are valuation differences so extreme? What is underlying this? What needs to happen in order for the valuation differences to return to what has historically been normal? Or is it, to use the words many call the most dangerous phrase when it comes to the financial markets, different this time?

  • Sweden
  • Mutual Funds
15 August 2019 | News

Catella advisor to Wihlborgs

Wihlborgs' press release: Sale of Gängtappen enables move of  Länsförsäkringar Skåne’s headquarters to Dockan    

  • Sweden
  • Corporate Finance
4 July 2019 | Press release

Stable credit market as property companies’ shares reach new high

In the July issue of CREDI, the Main index increases from 50.3 to 50.8 indicating a slightly improved credit market. Property companies maintain a positive view of the credit market, while banks are increasingly pessimistic about the future.

  • Sweden
  • Corporate Finance
3 July 2019 | News

Placing a value on time

After spending a few days cleaning up my old childhood home, I was intensely reminded of how things change over time. We really did have a manual typewriter when I grew up. I also reflected on how the era of a standalone caller ID beside the phone was short-lived, and that the once-essential bank passbooks now feel like a memory from a terribly distant age. Bill Gates once said, "We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction."

  • Sweden
  • Mutual Funds
25 June 2019 | News

War and peace

'In war, whichever side may call itself the victor, there are no winners, but all are losers.'Neville Chamberlain

  • Sweden
  • Mutual Funds
12 June 2019 | News

Don’t put all your fixed income in the same basket

The chart below shows US and European credit spreads and the S&P500 stock index for the past year. The movements track each other well, which is perhaps not surprising since stock markets and credit markets make reflective assessments of corporate cash flows.

  • Sweden
  • Mutual Funds
11 June 2019 | News

Forest - the new green gold

Forestry is one of Sweden's most traditional industries, and today's ever-growing demand for sustainability is gradually turning the sector into an experimental workshop for modern technology.

  • Sweden
  • Mutual Funds
28 May 2019 | News

Half day May 29th!

It is half day on the Stockholm Stock Exchange on wednesday May 29th. This means that the stop time for orders of purchases and sales in our funds is at. 11:00.

  • Sweden
  • Mutual Funds
14 May 2019 | Press release

Catella: Investor interest shifts from commercial to residential as Nordic property investment boom continues

Despite a slight fall in real estate investments from international sources in the Nordic countries, the region is not showing any signs of waning demand or increasing uncertainty. With interest shifting from the commercial to the residential sector, 2018 transaction volumes even saw a slight uptick, by 2 percent on 2017, to EUR 44.3 billion (2017: EUR 43.3 billion).

  • Germany
  • Sweden
  • Corporate Finance
10 May 2019 | News

A visit to Garpenberg

The Garpenberg mine is situated in the municipality of Hedemora, in one of the oldest mining areas of Sweden still in operation. Ore extraction in the Garpenberg area began as early as the 13th century, and in the 14th century German miners were engaged to improve the mining techniques and make them more efficient. The locals called the Germans ‘garpar’, which later gave the town of Garpenberg its name.

  • Sweden
  • Mutual Funds
8 May 2019 | News

Stock market driven by macroeconomics

The current economic cycle has been going on for a long time, and global growth has slowed somewhat. Interest rates have again fallen to almost non-existent levels, while the stock exchanges began the year with a surge. In Sweden, the krona continues to fall.

  • Sweden
  • Mutual Funds
6 May 2019 | News

Actively managing equities at Catella

Catella applies various management processes and strategies, depending on the product. We have a fundamental approach, and conduct our analysis from a sector perspective. With our actively managed long-only equity funds, Catella Sverige Aktiv Hållbarhet and Catella Småbolagsfond, our teams work closely together to analyse companies, trends and themes in the Nordic stock markets. The fundamental analysis of large and small companies is conducted in a similar way, with the main difference being the consideration of liquidity risks for each company. To be able to justify a higher liquidity risk in a small company, this risk must be reflected in a greater potential upside for the share.

  • Sweden
  • Mutual Funds
  • Web TV
6 May 2019 | News

Catella advisor to Fabege

Catella has acted as advisor to Fabege in sale of Pelaren 1 in Söderstaden to KPA Pension.

  • Sweden
  • Corporate Finance
3 May 2019 | News

The good old days may be over – Can the traditional portfolio continue to deliver?

The traditional way of looking at portfolio diversification, with equity exposure being combined solely with bonds, has provided a fantastic risk-adjusted return for many years. But with interest rates at record lows and stock markets nudging all-time highs, there is good reason to think afresh.

  • Sweden
  • Mutual Funds
29 April 2019 | News

Half day April 30th!

It is half day on the Stockholm Stock Exchange on Tuesday April 30th. This means that the stop time for orders of purchases and sales in our funds is at. 11:00.

  • Sweden
  • Mutual Funds
24 April 2019 | News

Catella advisor to Wihlborgs

Catella advisor to Wihlborgs in sale of property in Lund

  • Sweden
  • Corporate Finance
24 April 2019 | News

Insights from a fund manager: Spin-offs and streamlining trend in the stock market

There are often trends on the stock exchange, and right now spin-offs and streamlining are in vogue. We have seen SCA spin off Essity, Atlas Copco spin off Epiroc, Autoliv spin off Veoneer and Kinnevik distribute MTG shares. More recently, Maersk has spun off Maersk Drilling, Schibsted has spun off 35 percent of Adevinta, and MTG has spun off Nordic Entertainment.

  • Sweden
  • Mutual Funds
17 April 2019 | News

Half day April 18th

Thursday April 18th, it is half day on the Stockholm Stock Exchange. This means that the stop time for orders of purchases and sales in our funds is at. 11:00.

  • Sweden
  • Mutual Funds
8 April 2019 | News

Online retailing − Quick, cheap/expensive, sustainable?

Online retailing is taking an ever-greater proportion of Swedes' total spending, and companies that focus on the internet are being rewarded with much higher growth than those sticking to physical stores. Will regular stores disappear completely, and if so, when? In this month's podcast, Catella Fonder has brought together a number of analysts with expertise in this area to provide an overview: Carnegie's retail analyst Niklas Ekman, Catella Fonder's portfolio manager Anders Wennberg and Sandra Gadd, Business Development Director at Boozt.com.

  • Sweden
  • Mutual Funds
1 April 2019 | News

Catella enhances the management of its allocation funds

At the beginning of the year, Catella Fondförvaltning AB (Catella) made a decision to coordinate the management of Catella Hedgefond and Catella Nordic Long/Short Equity into a single team. This was to increase synergies and to take another step towards an even more market-neutral and well-diversified management style.

  • Sweden
  • Mutual Funds
29 March 2019 | Press release

Credit market improves as optimism rises among property companies

In the March issue of CREDI the Main index increases from 48.6 to 50.3, indicating a slightly improved credit market. Property companies maintain a positive view of the credit market as interest rates fall to a new record low.

  • Sweden
  • Corporate Finance
26 March 2019 | News

After the rain comes the sun

It is always darkest before dawn, an expression that can in retrospect describe the conclusion of last year and the beginning of 2019. During the late autumn and, to a greater extent, all the way into the Christmas holiday, the financial markets were dominated by a strongly negative sentiment, with economic worries exacerbated by a continued belief in monetary policy tightening. The preferred interpretation was clearly negative, and 2018 closed on a low note. With the first quarter now over, we can instead look back on an absolutely fantastic start to the year, with almost all the worries blown away – at least when it comes to stock market performance.

  • Sweden
  • Mutual Funds
20 March 2019 | News

Insights from a fund manager: Should you invest in shares when your gut feeling suggests uncertainty?

I fielded a question at an investor meeting this week: “What should you do when your gut feeling says the stock market cannot rise any further but the interest rate on deposits is still zero?” I think there are many of us who can feel these reservations. The big underlying issue is how we feel about the economy. Is this just a pause or are we heading for a fall, and in that case how steep a fall? Economic fluctuations are tricky. They rarely come when you expect them, and they are even more rarely calm and rational since the market constantly overreacts. And both Brexit and a trade war are lurking in the shadows, reinforcing the uncertainty. Nonetheless, the stock market has been exceptionally strong at the start of the year and it is difficult to find good alternatives to shares when interest rates are so low. So, what should we turn to if we have that gut feeling the questioner expressed at the seminar?

  • Sweden
  • Mutual Funds
13 March 2019 | News

Catella Fonder - Annual report 2018

Catella Fondförvaltning AB today publishes the funds' annual report for 2018. 

  • Sweden
  • Mutual Funds
13 March 2019 | News

Stock picking and earnings

After a gloomy end to 2018 the new stock market year has begun very strongly. The US Federal Reserve has taken a softer stance and there are positive signals from the US-China trade talks. The reporting season was largely as expected, with an absence of negative news, and a Fed statement was enough to lift the stock market, say Catella's equity fund managers.

  • Sweden
  • Mutual Funds
7 March 2019 | News

Focus on risk control as Catella realigns hedge fund

The Catella Nordic Long Short Equity (RC) hedge fund had a tough time last year. It fell by 13.8 percent and underperformed both the Nordic stock index and global hedge fund indexes. Although the fund has demonstrated a positive return of almost 32 percent since its inception in December 2010, and an average annual return of 3.6 percent over the same period, Catella Fonder decided to realign the fund's strategy and management in January 2019.

  • Sweden
  • Mutual Funds
22 February 2019 | News

Insights from a fund manager: Market-listed care companies – Focus on growth

A large exposure, and a long-term holding that we have highlighted before, is care company Ambea. Since the company has just completed its acquisition of Aleris and reported for 2018 alongside its sector colleagues Humana and Attendo, it feels natural to look forward to 2019 and the coming 2020s.

  • Sweden
  • Mutual Funds
5 February 2019 | News

Outlook 2019

The equity market has begun 2019 strongly after a gloomy end to last year, but in large parts of the world there are signs of weaker growth. The question is whether this is a temporary blip, caused by inventory build-up, or whether a longer decline is on the way.

  • Sweden
  • Mutual Funds
4 February 2019 | Press release
  • Germany
  • Sweden
  • Corporate Finance
17 January 2019 | News

Information regarding changes of portfolio management responsibility

Catella has during recent years gradually developed its portfolio management with increased focus on sustainability and absolute return strategies. The performance outcome in 2018 did not live up to our expectations and we are not satisfied, especially in the case of the fund Catella Nordic Long/Short Equity. Therefore, we will carry out a number of changes in our portfolio management by reallocating resources within the portfolio management team.

  • Sweden
  • Mutual Funds
17 January 2019 | News

Insights from a fund manager: Market View 2019

“It is difficult to make predictions, especially about the future.” Karl Kristian Steincke

  • Sweden
  • Mutual Funds
8 January 2019 | News

The year gone by

Jack Bogle of Vanguard once said, “Half the time, I wonder why I have so much in stocks, and other times I wonder why I have so little.” The quotation rather neatly sums up the past year, but also investment decisions in general.

  • Sweden
  • Mutual Funds
8 January 2019 | News

A challenging 2018

After several years of stable growth, global financial markets once again demonstrated their idiosyncrasy, and one word sums up 2018: Challenging.

  • Sweden
  • Mutual Funds
7 January 2019 | Press release

This website uses cookies as described in our Cookie Policy. To see what cookies we serve and set your own preferences, please use your web browser's settings. Otherwise, if you agree to our use of cookies, please continue to use our website.