Computing's evolution, epitomized by Qualcomm/ARM, Samsung/Apple, and Google/Facebook/Uber in the mobile era, shifts from semiconductors to infrastructure to software/services, a pattern expected to repeat in the emerging GenAI era.

Med høy stabilitet, betydelig erfaring kombinert med kontinuitet i filosofi og prosess har vi i snart 40 år vist at langsiktig overlegen avkastning er oppnåelig. Våre kunder er trygge på at vi vil fortsette å levere meravkastning og velger å investere hos oss tross hard konkurranse med kapitalforvaltere fra hele verden. Vi ser frem til de neste tiårene, konkurrere i kapitalforvaltningens Champions League og ivareta den viktige rollen som aktiv kapitalforvalter.

Energy transition solutions need to be aligned with the energy trilemma of sustainability, security, and affordability. We see 5 broad building blocks for reaching net-zero longer term.

In this and a follow-up white paper, we will update our outlook on the path to net zero and share our views on what’s needed to get back on track, as well as any relevant investment implications.

The multi-decade development of globalization is reversing, and the implications are broad and profound. In this paper, we explore the implications from the point of view of the industrial economy.