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☆ Ford CEO Jim Farley says Chinese automakers such as BYD are its greatest EV rivals
▼ + stars: | 2023-05-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Michael Wayland/CNBCDETROIT — Ford Motor's largest competition in electric vehicles isn't U.S. leader Tesla or crosstown rival General Motors — it's Chinese automakers, CEO Jim Farley said Thursday. Farley said Chinese companies such as Warren Buffett-backed BYD are ahead of the large U.S. automakers and startups on electric vehicles, specifically battery chemistry and other emerging technologies. And they were always committed to electric," Farley said when asked which company is doing EVs right. Farley's comments echo those of industry experts and investors regarding the growth of BYD and other Chinese automakers, which have government backing in China. Farley also noted BYD's battery advantages compared to the current U.S. industry standard of lithium-ion batteries.

☆ Fund manager reveals an overlooked corner of health care with big opportunities
▼ + stars: | 2023-05-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

There's an opportunity for investors in pharmaceuticals that's been "underrepresented for a very long time," according to fund manager Philip Ripman of Storebrand Asset Management. The area is women's healthcare, according to Ripman, who manages the $1 billion Storebrand Global Solutions fund. In medical tech funding, only 2% was focused on non-cancer-related women's health conditions. The area of femtech — or software and tech products relating to women's health — is certainly growing. The Storebrand Global Solutions fund invests across four themes : smart cities, circular economy, equal opportunities and renewable energy.

Persons: Philip Ripman, Ripman, Pro, Stocks, Becton Dickinson, Gedeon Richter, annualized Organizations: Storebrand Asset Management, Global Solutions, Mckinsey Locations: femtech, U.S, Europe

☆ Outperforming fund manager shares tips on investing sustainably — and generating big returns
▼ + stars: | 2023-05-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Philip Ripman manages the $1 billion Storebrand Global Solutions fund, with a focus on sustainability. As well as green energy stocks, Ripman also invests in chipmakers, cybersecurity stocks, pharmaceuticals and more. Ripman shared three tips for investing sustainably on CNBC Pro Talks , including how to play the renewables theme. Renewables are 'cheaper' right now Ripman said that renewable energy stocks look relatively cheap and offer "a lot of opportunity" right now. Consider what's needed in the future The four themes in Ripman's fund — smart cities, circular economy, equal opportunities, and renewable energy — are what he believes will be "essential in years to come."

☆ Tesla vs. BYD: Here's why one fund manager prefers the Buffett-backed automaker
▼ + stars: | 2023-05-22 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

In an era defined by the need to tackle climate change, electric vehicles are seen as an increasingly important part of the solution. For Philip Ripman, portfolio manager at Storebrand Asset Management, one global EV automaker stands out: China's BYD — not Elon Musk's Tesla . Public transport operator Nobina already operates over 300 BYD electric buses across multiple Nordic cities. Affordable and high-end vehicles Another reason Ripman favors BYD over Tesla is the former's broader range of vehicles. On Tesla, Ripman expressed some concern over CEO Musk's distractions and their potential impact on the automaker's stock price.

☆ Outperforming fund manager is bullish on these cybersecurity stocks, citing more room for growth
▼ + stars: | 2023-05-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Cybersecurity is one area that presents an opportunity for investors right now, according to portfolio manager Philip Ripman of Storebrand Asset Management. Stock picks Ripman, who manages the $1 billion Storebrand Global Solutions fund, which has a focus on sustainability, is bullish on two cybersecurity firms in particular: Palo Alto and Crowdstrike . Both stocks are among the top 10 holdings in his fund, with Palo Alto accounting for 3.8% of the fund, and Crowdstrike at 3.7%. And he pointed out that the fortunes of the U.S. stock market are dominated by a few mega-cap companies. Ripman's fund avoids companies that make over 5% of their revenues from fossil fuels, tobacco, alcohol, war and other vice-related activities.

☆ Nvidia's stock could rise fivefold in 10 years on A.I. trend, says fund manager
▼ + stars: | 2023-05-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Shares of the Silicon Valley-headquartered firm have doubled since the start of this year over positive investor sentiment toward A.I. Despite the gains, the stock is still down by 12% from its all-time high on Nov. 29, 2021, according to FactSet data. "But I think Nvidia has a good track record of demonstrating that they can." Ripman added that he could see a scenario where Nvidia could grow five-fold due to the market size and demand. "What this really comes down to is, I think we're just scraping the surface really of what A.I.

☆ CNBC Pro Talks: A top fund manager proves you can generate big returns while investing ethically
▼ + stars: | 2023-05-16 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Join CNBC's Tanvir Gill as she discusses ethical investing with top-performing fund manager Philip Ripman. Ripman's fund, Storebrand Global Solutions, avoids companies that make over 5% of their revenues from fossil fuels, tobacco, alcohol, war and other vice-related activities. Ripman is based in Oslo, Norway and has been the fund manager of Storebrand Global Solutions since 2015. Join CNBC's Tanvir Gill as she discusses ethical investing with top-performing fund manager Philip Ripman. Ripman is based in Oslo, Norway and has been the fund manager of Storebrand Global Solutions since 2015.

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