Investors seem to live in fear of another recession, claims Danske Wealth Management strategist as interest in equity funds plummets
This year to date, investors have withdrawn USD 196bn from global equity funds. The accelerating fear of an economic recession has investors stick to fixed income.
BY HELLA ANDERSEN
"This is a very special situation. Investors are almost forced to take credit risk," Danske Bank Wealth Management in Norway Chief Strategist Christian Lie explains to Norwegian business daily Dagens Næringsliv, referring to the low and negative interest rates that currently dominate the global financial markets.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Norway's largest bank catches up with Nordea on market cap
For subscribers
