“I am motivated by competition and like being busy, both at work and at home”, comments Lars Christian Tvedt, who is father to three children and the new Director of Ferd Invest, in an interview with Ferd Magazine.
We are now in the seventh year of rising share prices. But we have reached the stage in the cycle where a correction needs to be prepared for, according to Ferd Invest’s Lars Christian Tvedt, who can look back on 2014 as a year in which Ferd Invest achieved a positive return, even if not quite at the level targeted by this business area.
A bad time for stock markets – but Ferd Invest has performed better than every Swedish equity fund and practically every Norwegian equity fund. Now Ferd Invest sees big opportunities in the wake of the financial crisis.
From Norwegian and Swedish to Nordic-wide: Ferd Invest has expanded its investment universe to include Danish and Finnish listed shares – and at the same time has merged its separate share portfolios into a single portfolio.
Over the three years from 2007 to 2009, Ferd Invest has generated a return that is approximately NOK 700 million better than the stock exchange benchmark indices used to measure the business area’s performance.
It seems likely that the worst of the turbulent conditions seen in the stock market is behind us. This means that it is now time to get back to looking for the best-run companies”, says Lars Christian Tvedt of Ferd Invest.