Bjorn Malm

Kaupthing Forvaltning is an active investment manager focused on absolute return as related to risk, and disregarding any particular index. The firm manages equity and balanced funds. They invest primarily in Northern Europe and specialize in the Norwegian market. They focus on large liquid companies, but will also invest in small- to mid-cap companies that meet their investment criteria. The firm's investment process is top-down and starts with a macroeconomic market view of Europe and the US, resulting in sector allocation. Stock selection within sectors results of fundamental research targeting companies with strong earning potential at a reasonable market price. Decisive criteria include sound balance sheet and cash flow.