Aktia: These stocks do better than the US market

The year 2026 offers a lot of opportunities from an investor’s point of view, says Aktia in its recent investment outlook.

Aktia’s investment outlook states that the president of the United States Donald Trump has changed the structures of the global economy and the drivers of the investment market.

According to Aktia’s investment view, aggressive customs decisions and geopolitical uncertainty have forced Europe to close its ranks. This can be seen, for example, in Germany’s huge investments in defense.

“From the point of view of the European economy, Trump has unwittingly achieved a lot of good things,” the investment director Samu Lang seal.

Diversification benefits are emphasized

After the corona pandemic, the world’s indices have been led especially by US technology companies. Last year, however, revenues came from elsewhere, for example Finland, Europe and developing markets.

Decentralization is currently a significant factor, according to Lang.

“The US-led techno and artificial intelligence theme continues to carry, but around it, other market areas, companies with a smaller market value and also the stock markets of developing economies will probably do better than the broad markets of the US. Diversifying the portfolio is more important than before.”

In the first quarter, many good results have caused a disappointed reaction in the market. This is based on the portfolio manager Anna-Liisa Rissanen due to the fact that valuation levels are tighter than before.

“In the stock market, no single market looks particularly favorable anymore. At these valuation levels, caution remains in the market and there is no room for major earnings disappointments.”

Unlisted markets remain outside the portfolio of many investors, which, according to Aktia’s investment vision, have survived market stress well.

“By investing in, for example, private equity, private credit or renewable energy, you can participate in the growth of many industries that, for example, are supported globally by the introduction of artificial intelligence and which are also subsidized, especially in Europe,” Aktia’s director of alternative investments Marjo Koivisto resemble.

Aktia emphasizes the strength of the fixed income investment environment

Due to the war between Israel, the United States and Iran, government bond investments have moved in the same direction as stocks, which is caused concern among international fund managers.

According to Aktia, the strong interest rate investment environment will continue, because key interest rates are clearly higher than usual compared to the last 10 years.

“In our opinion, the current level of long-term interest rates is a good reflection of the prevailing economic and inflationary outlook, so we believe that long-term government bond interest rates will remain close to their current levels. The indebtedness of the United States will continue in the coming years, which will cause pressure on interest rates. In Europe, investors have been worried by the political uncertainty in France,” Rissanen says in Aktia’s investment outlook.