How is the healthcare sector affected by the US election results?
Comment by: Hugo Schmidt, Portfolio Manager – Healthcare Services and Tools The healthcare sector is one of the world’s most regulated, and the US election naturally has significant impact on future policy decisions. We identify a number of key points from the new administration and Congress that we believe will influence the sector: The Trump […]
October 2024 summary – Initital focus on the earnings season switched to focus on election outcomes
Monthly comment – October 2024 During October, the focus was initially on the earnings season where financials performed well. However, the high degree of uncertainty surrounding the election in the US increasingly led to heightened market volatility, where both sectors and individual stocks were affected by the polls. There were significant differences in currencies as […]
Rhenman & Partners strengthens its Investor Relations team further
Rhenman & Partners hires Mattias Hagen as Investor Relations Director. Mattias joins Rhenman & Partners Investor Relations team based in Stockholm consisting of Erica von Bahr and Tom Josephson. In his role, Mattias will work both with Swedish and international investors. Most recently Mattias has worked with institutional investors at Carnegie Fonder. Prior to that […]
Monthly summary – April
Rates and geopolitics versus earnings! Following five months of positive equity market returns, April turned out to be a somewhat harder month to navigate. The hopes for fast upcoming cuts from central banks were again dashed by stickier inflation, especially in the US, leading to yet another delay in when it could be expected. At […]
Monthly summary – March 2024
What a difference a year makes! Even though stock markets performed well during the first quarter of 2023, the beginning of 2024 has been characterized by a much more ebullient mood. The dark scenarios that dominated investment banks’ strategies in early 2023 did not materialize and investors’ appetite for risk successively increased throughout the year, […]
Rhenman & Partners strengthens its investor relations team
Rhenman & Partners hires Tom Josephson as Investor Relations Director. Tom, together with Erica von Bahr (also part of the Investor Relations team), will work with investors in Sweden and internationally. Tom’s main focus will however be on Nordic investors. Tom joins Rhenman & Partners from Brummer & Partners, where he spent nearly 18 years […]
Monthly summary – February 2024
The positive momentum persisted into February, traditionally a challenging month for markets. Contrary to expectations, stock prices increased despite rising bond yields, catching many investors by surprise. Again, the US mega caps dominated trading and performance attribution with, for example, chipmaker Nvidia rallying after a stellar report to become the third company ever to reach […]
Monthly summary – December 2023
What a difference a couple of months makes! After a dismal period in August through October, markets swung around completely in November and December as investor sentiment turned for the better. Following November, when positive market action was largely due to short covering, price movements in December reflected a generally increased risk willingness on behalf […]
Monthly summary – November 2023
The end of the rate hiking cycle and rallies in both equities and bonds! After three dismal months where investors fretted about rising bond yields, uncertainty over inflation and/or recession, and the geopolitical situation, sentiment positioning was at a year low at the end of October. In November, however, all these concerns seemed to dissipate […]