Investment philosophy

Our investment philosophy focuses on achieving absolute returns. The objective is to deliver positive performance, preservation of capital and maintain a high degree of liquidity.

Through an investment process built on thorough proprietary analysis and in-house developed credit model, we are looking for attractive credit papers, mainly in the Nordic credit market.

Our company analysis includes analysis of, among other things, the business model, market position, product and service offerings, profitability, as well as risk and ESG factors. We are particularly concerned with uncovering downside risk, both operationally and financially.

The fund actively managed through the choice of credits and not through trading. We are mainly active in the primary market for bond issues and have good diversification on sectors with an estimated around 70 different positions. We continuously focus on risk/reward in the market to achieve positive absolute returns. The credits can roughly be divided into three different sources of return: