News archive

The fear of inflation has returned

The financial markets are again focusing on their fears of high inflation and restrictive monetary policy measures. This is despite the unlikelihood of peace negotiations relating to the war in Ukraine.

The stock markets recouped their losses

Despite more than a month of war in Europe, most financial markets have stabilised. At the same time, the yield curve has inverted, which in the past has been an indicator of a recession.

Russia has invaded Ukraine

After Putin’s constant warmongering over a lengthy period, Russia chose to invade its neighbouring country Ukraine on 24 February. Apart from the tragic human consequences, the war has affected the market too.

The Storebrand Group excludes Russian companies

Due to the escalating situation in Ukraine, Storebrand has decided to freeze all Russian investments and divest from Russia. The Delphi Funds have not had exposure in Russian companies.

Interest-rate hike sooner than expected?

The beginning of 2022 was characterised by a correction in broad share indices and rotation from growth to value shares. Increasingly «hawkish» central banks were one of the triggers for these market movements.

The global economy continues to grow

Global indices climbed to new record levels in December, but the omicron variant, inflation and tightening up of the monetary policy were what stole the headlines.

Fear of new lockdowns

November was a volatile month and the new omicron Covid variant in particular scared the financial markets. The focus was still on normalising monetary policy.

The support purchases are to be reduced

A few days ago, the US central bank (FED) announced it will start to reduce its support purchases in the bond markets in November - the first step in normalising its monetary policy.

Weaker growth momentum

Fear that Chinese housebuilder Evergrande will not be able to meet its obligations was one of several factors which caused a fall in share prices in September.

Towards normalisation of the monetary policy?

In August, the eyes of the market were on the signals from the annual symposium in Jackson Hole, where hints of a likely reduction in the US central bank’s asset purchases were expected.