DNB’s Mikko Ripatti to speak at Hamburg Summit
Mikko Ripatti, senior portfolio manager at DNB Asset Management will discuss investment opportunities created by digital disruption when he presents at the upcoming Pan-European Fund Selector Summit, taking place in Hamburg 28-30 September.
Ripatti argues that examples of the pace of disruption is what creates rapid opportunities. He points to the example of Nokia: once selling 15 phones a second with 40% of the global mobile phone market, it headed to bankruptcy within a few years.
And technology is pervasive across cars, taxi services, hotel bookings, homes, phones, drones, security solutions and beyond. Ripatti notes that 20% of the MSCI World index is represented by technology when seen across the information technology, telecommunication services and consumer discretionary sectors into areas such as Netflix and Amazon.
Technology also holds interest for investors, he adds, becuase it offers access to above average growth at reasonable valuations in an environment of low to no interest rates.
Ripatti joined DNB Asset Management in Luxembourg as a senior portfolio manager in June 2015. He also oversees DNB Asset Management´s Luxembourg-domiciled funds. Between 2007 and 2015 he worked in Helsinki as a fund manager at FIM Asset Management where, as part of the emerging markets team, he was responsible for investments in Latin American markets.
Between 2000 and 2007 he worked for Nokia in different strategy, market analysis and business development related positions in Latin America and Finland. Ripatti has a master’s degree in Economics and Business Administration from the Finnish Turku School of Economics. He speaks Finnish, Swedish, English, Portuguese, Spanish, French and a little bit of German.