Skip to main content
Finansblogg
Mikko Tuomas Ripatti

Mikko Tuomas Ripatti

Mikko joined DNB Asset Management in June 2015. As a Senior Client Portfolio Manager he supports DNB’s high level of client activities in the international markets. Mikko has deep knowledge about portfolio management and works in close collaboration with the fund managers in Norway. He also oversees our Luxembourg-domiciled funds

Between 2007 and 2015 Mikko worked in Helsinki as a fund manager at FIM Asset Management where, as part of the emerging markets team, he was responsible for investments in Latin American markets. Between 2000 and 2007 Mikko worked for Finland’s best-known company Nokia in different strategy, market analysis and business development related positions in Latin America and Finland.

Mikko has a master's degree in Economics and Business Administration from Turku School of Economics in Finland. He speaks Finnish, Swedish, English, Portuguese, Spanish and a little bit of French.

Published:

The telecommunications sector has been overshadowed by the broader technology market over the past decade and has thus brought little return to investors. We believe that this will change soon. The problem of the telecommunications market is the strict regulation that has forced four companies in most Western markets to build networks and compete for customers. In such a market structure, price competition becomes too irrational and networks are poorly utilized, resulting in a low return on investment. This situation will soon change with the next generation of mobile networks, 5G. In the U.S., regulators have approved a merger between the number 3 and 4 companies in the market, T-Mobile and Sprint, resulting in a market with three players. The reason for approving such a merger, was to increase the return on investment in this sub-sector, which in turn will encourage companies to invest in improved networks and 5G. We believe that similar mergers will take place in Europe, especially after the Covid-19-virus has opened the eyes of regulators to the weaknesses of exiting networks. Any improvement in the current market structure will have a positive impact on equities in a sector that, despite healthy financial ratios, is trading at only 13 times the expected future profits.

Disclaimer: The information in this document is not binding. Statements in this document should not be understood as an offer, recommendation or solicitation to invest in or sell UCITS funds, hedge funds, securities or other products offered by DNB Asset Management or any other company within DNB Group or any other financial institution.

All information reflects the current assessment of DNB Asset Management, which is subject to change without notice. DNB Asset Management does not guarantee the accuracy and completeness of the information. This information does not take into account the individual investment objectives, personal financial situation or specific requirements of an investor. DNB Asset Management does not accept any responsibility for losses incurred on investments made on the basis of this information. Our general terms and conditions can be found on our website www.dnbam.com.

Last updated:

Historisk avkastning är ingen garanti för framtida avkastning. De pengar som placeras i fonden kan både öka och minska i värde och det är inte säkert att du får tillbaka hela det insatta kapitalet. Läs mer

Ytterligare information finns i fondens faktablad, informationsbroschyr, halvårsredogörelse och årsberättelse som finns i Kurslistan eller som kan beställas kostnadsfritt från DNB Bank ASA, filial Sverige.