Specialists in every part of the investment world

The fund invests in companies around the world operating in the fields of technology, media and telecommunications. These sectors have mutually influencing value chains, which have historically allowed managers to see opportunities differently than their competitors. Each manager specializes in a part of the investment world.

– For example, Erling Thune has previous experience at Telenor and had primary responsibility for the telecommunications company, and Erling Kise comes from Norges Bank and is a specialist in Fintech companies such as Visa and MasterCard. The composition of the portfolio is discussed together, and if we believe the opportunity now exists in the telecom sector, we invest accordingly, says the manager.

The most talked about area

Not surprisingly, the most talked about area in the investment world of managers is artificial intelligence.

– We have seen artificial intelligence as an important driver of productivity for ten years and there is no doubt that it has gained new ground after OpenAI launched ChatGPT in November 2022, starting Tandberg-Johansen.

The experienced manager added:

– We have many companies that are exposed to artificial intelligence, but have positioned themselves conservatively among the most popular names. We’ve been following NVIDIA for a long time, and have had a position since before ChatGPT came out, but over the last year it hasn’t had as much weight in our benchmark index. “We believe the upside is not compelling enough to justify the risk we would take by having a large position here, and we would prefer a company that has more ground to stand on,” the experienced manager said.