Supportive Flows and Lack of Competitive Alternatives

Being constructive on equities.

“On March 19th 2013 we hiked our 12-months OMX30 target to 1320 (from 1200). On 23rd Dec 2013 the target was reached. On 3rd December our 12-months target for OMX30 was hiked to 1400 (from 1320). As explained in our latest Nordic Equity Strategy report, we argued that supportive flows and lack of competitive alternatives, rather than valuation, would lift stocks further.” (SEB)

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