ABU DHABI / WAM The Central Bank announced a decrease in money supply aggregate M1 …
Read More »Sweden’s $34bn pension fund can’t be happier out of bonds
Bloomberg Unlike many pension investors, Sweden’s 300 billion-krona ($34 billion) AP7 fund, can to a large extent stay away from the bond markets. It’s manager, Richard Grottheim, is remarkably positive. As political risk mounts in Europe and the U.S., and as central banks are greasing financial markets with ever more free cash, Grottheim says it will likely all work …
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