“This is solid recognition of the good work we have done in Vital and DnB NOR Asset Management during very demanding times,” commented Vital’s CEO Tom Rathke.
The IPE jury mentioned in particular Vital’s dynamic risk management and diversified portfolio as success factors. “It is also good to see that the jury refers to our selling down in equities during 2008. This has contributed to reducing losses for our customers and led to Vital delivering a positive result in 2008 and good results so far in 2009,” added Tom Rathke.
“It is also an important reminder that it is long-term work that counts. Vital is still the best in its class for reported returns measured over three and five years,” concluded Rathke.
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