Claus Grøn Therp

Jyske Capital A/S Jyske Bank

Equities Low Volatility – a sustainable investment story?

Generally investors expect that they need to take higher risk to get higher returns. Indeed, the low volatility anomaly, which has been tested in various markets over a long-time horizon, is the proof that equity investors can reach higher returns with a lower volatility. Claus Grøn Therp combines the low volatility with quality factors to build a diversified global equity portfolio with a much lower risk than the general equity markets. Especially in the environment of low interest rates, fairly high valuations which were driven by liquidity in the market, and a number of geopolitical risks, we believe that this defensive approach towards global equities can add value to client portfolios.

Claus Grøn Therp has since 2013 had the responsibility of managing a global low volatility equity fund investing in equities with low volatility and companies with high quality. Prior to joining Jyske Invest in November 2013, he worked as an equity analyst for nearly 3 years at SEB Enskilda covering the financial sector, with focus on Danish companies. Besides a Master in Finance & Accounting from Copenhagen Business School, Claus Grøn Therp has received the CFA designation in 2007.