Country Sectors - Nordic Countries: Second

Down one notch to No. 2 is the 40-member team at ABG Sundal Collier under the guidance of London-based Malene Brøndberg.

SECOND TEAM

Malene Brøndberg & team ABG Sundal Collier

Down one notch to No. 2 is the 40-member team at ABG Sundal Collier under the guidance of London-based Malene Brøndberg. In August the analysts highlighted their buy rating on Yara International, at 240 Norwegian kroner, on the belief that bad weather and higher grain prices would result in higher prices for the phosphates and nitrates fertilizers that the Oslo-based chemicals manufacturer produces. By the end of the year, the stock had grown a healthy 40.6 percent, to Nkr337.50, and overshadowed Norway’s broad market by 23 percentage points. “Their stock ideas are spot-on — they really understand how stocks perform in this market,” applauds one investor. Brøndberg left the firm in December.

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