Ayalon (4D) Global Stocks, managed by Ayalon Trust Funds Ltd. on Protector Forsikring ASA
Thesis
Protector is a longstanding insurance holding that the manager says continues to stand out in the European insurance industry. Since the fund began buying the shares in 2017, the investment has risen more than eightfold, illustrating the compounding potential the manager seeks in insurers. The core attraction is the combination of profitable insurance operations and the ability to invest float. The fund expects high-quality insurers such as Protector to continue benefiting from opportunities created by the interest-rate environment.
“the Norwegian insurance company Protector, which continues to star in the European insurance industry”