User:Sparinvest.eu/sandbox

History
Sparinvest was founded in 1968. Originally, the company was set up as a Danish mutual fund. In 1999, Sparinvest became an asset management company and committed itself to a prudent investment philosophy, designed to support the needs of long-term investors. Sparinvest specializes in the value investment style both for equities and corporate bonds. In 2012, Sparinvest moved its group headquarters to Luxembourg.

Ownership
Sparinvest is an independent organization owned by 90 Danish institutions and with a proportion of staff ownership.

Active Investment strategies
Sparinvest has invested in global stock markets using a value approach for over 14 years. In 2005, the company launched first fund in Europe to apply the value strategy to corporate bonds (Sparinvest High Yield Value Bonds). Sparinvest’s value process involves a 100% bottom-up fundamental analysis of each company prior to investment to ensure that a ‘margin of safety’ exists. The term ‘margin of safety’ was first conceived by the father of Value Investment, Benjamin Graham. For all value investors it is this that provides the confidence that, despite inevitable periods of short-term market volatility, the principal invested retains the potential for healthy long-term growth.

Responsible investing
Sparinvest signed the United Nations Principles for Responsible investment in December 2009. In January 2012, Sparinvest declared its entire range of 32 domestic Danish funds and 18 international funds to be compliant with the UN principles, meaning that environmental, social and governance (ESG) factors are integrated into the investment process for all funds.

Further information
Sparinvest.eu Sparinvest.dk