Did you know that the Nordic countries rank among the wealthiest and happiest in the world? The Economist didn't just give the Nordic Welfare model a polite nod but crowned it "the next supermodel." The Nordic Welfare model is strutting down the global runway, flaunting its economic growth while relying on disciplined fiscal policies and strong labor markets.
For some reason, the Nordics remain uncharted territory for many. While the world is often busy swooning over larger economies such as the US and China, the glow of the Nordic region tends to go unnoticed. However, if combined, the Nordic countries would be the 6th largest economy in Europe and almost matching the size of Spain.
Navigating the land where the sun sometimes forgets to set, and the economies shine just as bright
Key historical events help understanding why the Nordics are amongst the richest and happiest today—from the Viking Age to the establishment of Nordic financial markets, all the way through Finland’s unforgettable heavy metal king, Lordi, winning Eurovision in to Sweden and Finland joining NATO. Key economic factors explain why Nordics serve as a reliable market and the Nordic welfare (super) model, is like that one friend who always insists on picking up the tab at dinner: generous, caring, and probably the reason their societies are well-known for their equality, education, innovation, and amazing healthcare.
A Smörgåsbord of Investment Delights
Whether you are looking to invest in innovative unicorns, manufacturing-heavy industries, or such as Spotify, Novo Nordisk or Kone, there is something for everyone in the Nordic Markets. The unique feature of the investment landscape is that the countries are interdependent of each other, yet they offer very diverse opportunities for investment.
Green is the new black
Climate change is one of the biggest challenges humanity faces. The Nordics have been forerunners in responsibility since before it was cool, and Nordic companies are 3.5 times more committed to SBTi (Science Based Targets initiative) goals compared to the global average. Thus, investing in the Nordics may not only benefit your portfolio considering returns, but there is also a high chance of your investments being slightly more sustainable than your peers. At Evli, climate change mitigation is part of our investment operations.
Our white paper “Nordic economies 1-0-1” gives a more comprehensive understanding of the Nordic economies. It helps to better understand the region's characteristics and investors will find it particularly useful, as it allows them to gain a deeper understanding of this mysterious market and possibly generate and discover new investment ideas. Additionally, it can serve as a valuable resource for research, whether one seeks an overview of the market or a detailed analysis of specific economic factors.
