Hans-Martin Thorsen

BIAM emphasizes long-term investments, bottom-up stock-picking approach and cash flow analysis. They base their investment process on fundamental research including company visits and extensive use of outsourced industrial expertise from non-financial analysts associated with the sectors in which they invest. The firm invests globally in listed equity, debt and alternative asset classes including private equity. BIAM favors companies with strong cash flow, growth potential within their sector and solid business models. They have specialist expertise in emerging market securities, both equity and fixed income, and invest in the Far East, Latin America and Eastern Europe.

NIM-Denmark is an active manager which performs in-house research and follows a thematic investment process, employing top-down and bottom-up methods combined with defined themes based on major global structural changes. The firm's teams of portfolio managers perform top-down analysis to assess the aggregate economy, seeking to determine which industries will prosper and then conduct bottom-up analysis to identify potential companies.

Storebrand Investments is an active manager which aims to outperform the market on a mid- to long-term basis. They manage portfolios invested globally in fixed-income, money market instruments, real estate and equity which they measure against relevant benchmarks. They do not invest in companies that contribute to human rights violations, corruption, environmental damage, landmine production, cluster bombs, nuclear weapons or tobacco. The firm utilizes the Delphi method, combining trend analysis and fundamental analysis, to build model portfolios. Regions, sectors, segments, or individual securities are weighted and the results measured against different market indexes. They utilize a bottom-up approach to select stock, based on the fundamental analysis of targeted companies. Storebrand Investments' mutual funds are all subject to social responsibility guidelines. Their specialized market risk team manages their currency hedging, program trading, hedging, SRI criteria and liquidity transactions.