”Adding to Nordic high yield”

The global economic outlook continues to strengthen, supported by substantial fiscal stimulus in the US, Germany, and Japan. Sweden stands out as it moves into an economic boom in 2026, and we expect the krona to continue appreciating. At the same time, the risk of rising inflation and long‑term interest rates has re‑emerged, which may create headwinds for markets. The portfolio has benefited from the overweight in Swedish kronor, and we are further increasing our allocation to Nordic high yield after it lagged the global market during the second half of 2025.

Market Outlook
✔️ High yield: Increasing exposure to Nordic high yield
✔️ Equities: The krona is a headwind
✔️ Interest rates: Risk of rising long‑term yields
✔️ Megatrends: Europe needs its own defence capabilities

Read the full Portfolio Strategy 2026Q1 from Vinga Asset Management: https://vingagroup.com/wp-cont...