The share prices of telecommunications providers have disappointed around the world for many years. Hefty dividends were able to alleviate some of the pain, but the industry was hardly a source of real joy. In view of more stable interest rates and modest valuations,...

It will be nice when we no longer need it. Now, however, Norwegian oil and gas are helping us to stay warm through the winter. And where it replaces coal, it also saves CO2. Food is also energy, and Norway is strong here, too. Leading fish farm companies, for example,...

German rail is not alone. Large parts of the European infrastructure are in a sorry state. There is a huge need for investment and the energy transition requires further mammoth projects of all kinds. Our latest sector study analyzes the major European heavy...

Utility versus beauty: We all need clothing, but it’s the accessories that really loosen our purse strings. This is reflected unabashedly in the stock market valuation of the companies in the sector, where beauty beats practicality by a long way. Who else is playing...

With the outlook for other sectors deteriorating, we tend to shift into defensive sectors such as pharmaceuticals. Which companies look promising, which fit which investor style, and who are the winners and losers in this sector this year? This and much more can be...

Shareholders of renewable energy equipment producers could mainly dream of clean returns during the last two years. In recent weeks, however, analysts have sharply increased earnings expectations in the sector. Even though the market has not yet reacted, we think it...

European banks have experienced a challenging decade, with many struggling to adapt to increasing and constantly changing regulatory requirements, as well as to a difficult economic environment. As a result, they have lost significant ground in terms of growth,...

The tennis world has been looking to Australia for the last two weeks and was rewarded with the most exciting matches at the Australian Open. For us, this is an opportunity to take a closer look at the market from an investment perspective. Australia scored last year...

The British have not had an easy year politically and socially. Their interest rates have risen earlier and more sharply than all around, while the GBP, which until September only knew the way down, has since gained more than 10% against the USD. And the equity...