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Knuthsen: As Novo beats, why Danish stocks are just phenomenal!

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The Danish large cap OMX Copenhagen 20 index has risen more than 40% this year outperforming most other stock markets. It is just a phenomenal performance, says Saxo Bank’s Chief Investment Officer Teis Knuthsen. So is too late to get in on the action?

According to Knuthsen, the C20 index is blessed with a bouquet of really good companies. Some including Danish healthcare giant Novo Nordisk have delivered 50-80% returns so far this year. Knuthsen looks at what is driving the massive returns and whether Danish equities can continue to make investors happy.