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Macro economists and strategists

Our macroeconomic experts focus on issues related to the national economy, the labour market and fiscal policy, among other things. Our strategists focus on, for example, interest rate developments, currency movements and commodity and energy prices. Both of these are often seen in contexts where they comment on the economy, the development of the krona, the interest rate policy of central banks and the fiscal policy of governments.

Jens Magnusson
Chief Economist

Jens Magnusson

Chief Economist

Jens is SEB's chief economist and has the overall responsibility for SEB's Swedish and global analyses of macroeconomics and economic policy. He joined SEB in 2005 from a position as deputy director in the Ministry of Finance. Jens has, among other things, been the bank's personal economist, head of investment analysis within branch operations and head of external analysis within SEB Pension & Insurance. He is educated at Stockholm University and Australia National University with degrees in economics, political science and international relations.


Daniel Bergvall
Head of Economic Forecasting

Daniel Bergvall

Head of Economic Forecasting

Daniel Bergvall is SEB's Head of Forecasting with responsibility for macro research and the flagship macro and forecast report Nordic Outlook. He joined SEB 2009 and prior to working at SEB he did macroeconomic analysis, forecasting and public finance reviews at the Swedish Ministry of Finance and the Paris based OECD. Daniel holds a master’s degree in economics from Linköping University, Sweden.


Karl Steiner
Head of Analysis

Karl Steiner

Head of Analysis

Karl Steiner is Head of Analysis managing the strategists within Strategy & Economic Research. He is responsible for SEB’s forecasts on currencies, commodities and fixed income but is most directly involved in currencies with extra interest and experience in the Swedish and Norwegian krona. He joined Strategy & Economic Research as a Quantitative FX Strategist in 2009, became its Chief Quantitative Strategist 2016 and was appointed Head of Analysis 2023. Karl joined SEB 2006 as an analyst conducting risk management advisory towards large corporates and financial institutions. Before SEB he worked three years as a researcher and lecturer for the School of Business, Economics and Law at the University of Gothenburg from where he also holds a M.Sc. in Economics.


Robert Bergqvist
Senior Economist

Robert Bergqvist

Senior Economist

Prior to moving to SEB in 1997, Robert worked for Sweden's central bank (Riksbanken) where he spent a total of nine years. There he held several positions of which the most recent was as head of the research department within the Monetary and Exchange Rate Department. In 2007 Robert was appointed Chief Economist of SEB, a position which he held until August 2021 when he chose to step aside to become the bank's Senior Economist. Roberts hold a BA in Economics and Statistics from the university of Linköping.


Erica Dalstø
Chief Strategist, Norway (parental leave until end of 2024)

Erica Dalstø

Chief Strategist, Norway (parental leave until end of 2024)

Erica Dalstø is Chief Strategist in Norway and responsible for SEB’s Norwegian research, focusing on macro, the local currency and interest rates. Erica joined SEB in 2007 as a Swedish fixed income strategist. She has been in her current position since 2010. Erica holds a M.Sc. in Business and Economics from Stockholm School of Economics.


Pia Fromlet
Economist Euro area

Pia Fromlet

Economist Euro area

Pia joined SEB in 2023 covering the euro area. Before joining SEB she has worked with macroeconomic forecasts at the Swedish National Debt Office, The Riksbank, Business Sweden and the National Institute of Economic Research (NIER).  Pia holds a PhD in economics from Uppsala University.


Dainis Gašpuitis
Chief Economist, Latvia

Dainis Gašpuitis

Chief Economist, Latvia

Dainis joined SEB in 2007. Prior to working at SEB, he worked as Chief Economist, International Department, for Bank of Latvia between 2000 and 2007. He holds a bachelor's degree in law as well a master's degree in international business and economics from the University of Latvia.


Jussi Hiljanen
Chief Strategist, EUR and USD rates

Jussi Hiljanen

Chief Strategist, EUR and USD rates

Jussi joined SEB in 1999 and has since been holding various positions in sales, fixed income and macro research and trading. His professional career started in 1995 as Portfolio Analyst at Erik Selin Bankers (later Carnegie) in Helsinki, followed by positions as Quantitative Analyst at Handelsbanken Markets in Helsinki and Stockholm. As part of his studies, he went to in Indiana University, School of Business. He holds M.Sc. in Economics from Helsinki School of Economics and Business Administration.


Olle Holmgren
Fixed Income Macro Strategist

Olle Holmgren

Fixed Income Macro Strategist

Olle Holmgren has worked in different SEB research and strategy teams since 2001, mainly as an economist focusing on the Swedish economy and inflation. Prior to SEB, Olle worked as an analyst at the Ministry of Finance, the National institute of Economic research and the Riksbank. Olle studied mathematics and economics at Uppsala University, Sweden.


Claus Hvidegaard
Head of Fixed Income Research, Denmark

Claus Hvidegaard

Head of Fixed Income Research, Denmark

Claus joined SEB in 20017. He has experience in fixed income since 2000 as an analyst and investor in securitisations, mortgage bonds, government bonds and credits and IRS.


Johan Javeus
Chief Strategist

Johan Javeus

Chief Strategist

Johan's main focus is on topical research of new and hot trends in the economy and financial markets. Johan joined SEB in 2004 as an FX strategist from Svenska Handelsbanken. He has worked with macro, FX and fixed income analysis since the late 1990s. He holds a B.Sc. from Uppsala university.


Elisabet Kopelman
US Economist, Fed Watcher

Elisabet Kopelman

US Economist, Fed Watcher

Elisabet is responsible for covering the US economy and the Fed. She joined SEB in 2001, working in the Investment Strategy team. She has been a macro economist in the bank since 2004, covering Swedish/global economy and monetary policy. Elisabet was head of the then separate Macro Research unit in 2014-2015. In her earlier career, Elisabet worked as an economist at Svenska Handelsbanken (1993-2000) and as a financial journalist (1988-1993). Elisabet holds a B.Sc. in Business and Economics from Stockholm School of Economics and a degree in Journalism from University of Gothenburg.


Erik Meyersson
Chief Emerging Markets Strategist

Erik Meyersson

Chief Emerging Markets Strategist

Erik Meyersson joined SEB in 2023 as Chief Emerging Markets Strategist. Previous positions include senior economist at Handelsbanken Capital Markets and vice president at Goldman Sachs Macro Research. Before joining the private sector Erik was Assistant Professor at the Stockholm Institute for Transition Economics (SITE) and has held visiting positions at Harvard University and the London School of Economics, with his research mentioned in Bloomberg, The Economist, Financial Times, and the Harvard Business Review among others. Erik holds a PhD in economics from Stockholm University.


Mihkel Nestor
Chief Economist, Estonia

Mihkel Nestor

Chief Economist, Estonia

Mihkel has been SEB’s chief economist in Estonia since 2015. While his main focus lies on Estonian economy, he also helps to cover SEB’s research on Finland. Before joining SEB, Mihkel worked as an analyst in the Estonian Ministry of Education, for Estonia’s largest think-tank Praxis and for Estonia’s National Audit Office. Mihkel holds an MA degree in Economics from Tartu University.


Tadas Povilauskas
Chief Economist, Lithuania

Tadas Povilauskas

Chief Economist, Lithuania

Tadas is responsible for our Lithuanian economic research. Prior to joining SEB in 2015, he was focusing on equity research and commodities trading. Tadas holds a Master of Economic Analysis from Vilnius University, Lithuania.


Bjarne Schieldrop
Chief Analyst, Commodities

Bjarne Schieldrop

Chief Analyst, Commodities

Bjarne is Chief Analyst Commodities in SEB covering energy, metals, agricultural products as well as precious metals. The oil market has been his primary focus over the past years. Bjarne has more than 20 years’ experience from commodity markets. He has worked with analysis, market modelling, structured deals as well as trading of commodities for some of the largest commodity trading companies in the world. For several years he worked with research and forecasting of the CO2 price in the European carbon market (EU-ETS) involving European energy politics, fossil fuel and power markets. Bjarne has a MSc in applied mathematics from the University of Oslo.


Amanda Sundström
Interim Chief Strategist, Norway

Amanda Sundström

Interim Chief Strategist, Norway

Amanda is Interim Chief Strategist Norway with responsibility for SEB’s Norwegian research, focusing on macro, the local currency and interest rates during Erica Dalstø’s maternity leave in 2024. She is also focusing on the Swedish economy and primarily the Swedish Riksbank. Amanda joined SEB as a fixed income and FX strategist in 2023, prior to which she worked as a senior economist at the monetary policy strategy division at the Riksbank, analysing monetary policy and financial conditions in Sweden and internationally. Amanda holds an MSc in Econometrics from Stockholm University and BSc in Economics and Political Science from Linköping University.


Thomas Thygesen
Chief strategist, Stock market

Thomas Thygesen

Chief strategist, Stock market

Eugenia Victorino
Head of Asia Strategy

Eugenia Victorino

Head of Asia Strategy

Eugenia focuses on macroeconomic research in the Asia-Pacific region. She joined SEB in 2018. Prior to SEB, Eugenia spent almost 6 years as an Economist at Australia & New Zealand Banking Group (ANZ Bank) in Singapore covering ASEAN and South Korea. She has also worked at ING Bank in Amsterdam, focusing on country risk in Emerging Markets. Previously, she worked as a university lecturer handling Microeconomic Theory, Mathematics for Economics, and Statistics for Economics at Ca' Foscari University of Venice and Ateneo de Manila.


Marcus Widén
Euro economist, ECB and Sweden

Marcus Widén

Euro economist, ECB and Sweden

Marcus focuses on European and Swedish economies. He joined SEB in 2019. He has a wide experience from public and private organisations such as the Ministry of Finance, Barclays Capital, National Institute of Economic Research and Statistics Sweden. The main focus has been forecasting the Swedish economy and inflation. Marcus holds a M.Pol.Sc. in Economics from Lund University.


SEB Makropodd

A podcast in Swedish where Chief Economist Jens Magnusson and his expert colleagues at SEB discuss current macroeconomics, how it affects the world, and us.

Expert Reports Calendar

Quarterly SEB Research presents macro forecasts, and our experts give investment strategy comments on the state of the market. With the Expert Reports Calendar you can keep track of the report releases.

Reports and publications

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Podcasts by SEB

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