DNB Global
Share class
The world is in continuous development. In recent decades, globalization and technological breakthroughs have contributed to higher living standards and strong economic growth in large parts of the world. With a history dating back to 1987, DNB Global has extensive experience in navigating markets characterized by dynamics and change.
With MSCI World as the reference index, the fund has a broad global investment universe. DNB Global is invested in 60 to 70 stocks. This allows the managers to be very selective and opportunistic while maintaining a diversified portfolio.
DNB Global invests across sectors and regions with the goal of creating competitive risk-adjusted returns over time. The fund benefits from DNB Asset Management's broad management team, which contributes sector expertise in TMT, Finance, and Healthcare sectors.
The managers particularly emphasize the quality of companies and managements, earnings development, megatrends, and valuation in stock selection. With a long-term perspective on investments, the managers try to take advantage of the fact that stock prices fluctuate more than underlying values.
Main investment areas:
DNB Global invests broadly across regions and sectors, including consumer and retail, finance, technology, industry, energy, and healthcare. The managers have the flexibility to weight sectors and regions based on assessments of which investment opportunities are considered most attractive.
The fund was established in 1987 and has delivered competitive returns over several decades. It is managed by a dedicated team supported by sector specialists who manage the TMT, Financial, and Health funds at DNB Asset Management. In total, 14 people contribute to stock picking. In addition, DNB Global benefits from DNB's broad resources in sustainability.
The fund is managed by Linnea Munthe, Knut Hellandsvik, and Marius Mello, an experienced team with backgrounds from leading financial environments internationally and in Norway. Linnea has extensive experience from DNB Markets, an MBA from Columbia Business School, and a Bachelor of Arts in Economics from Middlebury College. Knut has been with DNB since 2018 and has previously held roles at JP Morgan, Morgan Stanley, and First Securities. He has an MBA from Stanford Graduate School of Business and a Bachelor in Science in Economics from The Wharton School. Marius came to DNB Global from the Nordic Private Equity firm Norvestor, and before that from the investment bank PJT Partners in London, and holds a Master of Finance from MIT. The team benefits from the broadly diverse analytical environment at DNB Asset Management.
The fund invests broadly across sectors and regions, which contributes to good risk diversification and can reduce volatility associated with individual markets. The fund has a composition of both global growth companies and established quality companies, providing balanced exposure to different market conditions.