Welcome to Citywire Lisbon Breakfast Briefing 2024

During the presentation we will put the focus on Bellevue expertise in healthcare, our team and the wide range of products we have. We will explain why HC is considered a megatrend and why it´s a great momentum to invest in the healthcare sector. Then we will present a solution to take advantage of it.

DNB’s environment strategy was originally launched in 1989. The Luxembourg domiciled DNB Fund Renewable Energy is an article 9 fund investing in sustainable enablers of a better environment, which benefit from structural trends within climate and the environment. We are fundamental bottom-up focused investors investing in companies trading at a discount to intrinsic value. The fund takes a broad approach to the environmental theme, investing within three core areas: clean energy, electrification, and resource efficiency. ESG process is fully integrated in all our funds, and we see ESG as a source of lasting competitive advantage for companies. In addition to the several labels that the fund has, an external company also measures annually the potential avoided emissions of the fund.  
 
Workshop Objective: Present the DNB Fund Renewable Energy, its investment universe, our investment philosophy, approach to portfolio construction, and what criteria we use to select the companies that are sustainable enablers of a better environment.

Company Profile: DNB Asset Management is a subsidiary of DNB, which is Norway’s largest financial services group established in 1822. With around EUR 80 billion of assets under management it is one of the leading asset managers in the Nordic region. DNB group is headquartered in Oslo.  DNB Asset Management S.A. in Luxembourg is the company´s international fund distribution platform and a fully licensed fund management company. With solid expertise in Nordic, responsible and thematic investments, the company offers mutual funds centred around technology, the environment, and Nordic asset classes.  

In this session, fund manager Lu Yu will give an update on prospects for the high yield market as we approach the next phase of the credit cycle. Within high yield, high yield floating rate notes delivered particularly strong returns in 2023 thanks to their floating rate coupons: Lu will look at prospects for that portion of the market now that interest rates are at, or very close to, their peaks.

Workshop Objective: Discuss recent performance and prospects for high yield markets as we approach the next phase of the economic cycle. We will review valuations, potential challenges, and opportunities for high yield market as we head into 2024.

Company Profile: M&G Investments is an international asset manager with an active, long-term investment approach. For over 90 years, the firm has helped its clients prosper by leveraging their capital and understanding their needs. In response to an ever-changing financial environment, M&G has developed a wide range of investment solutions in equities, fixed income, real state and multi-asset. Headquartered in London, M&G employees over 2,300 professionals, covers 28 markets and manages assets in Europe, Asia and the Americas.