VFF report: The investment industry's credit risk must be balanced out before the next crisis
The Covid-19 crisis was a hard blow for Norwegian asset managers. The resulting returns that grew out of the fact that the AMs have recently taken on more credit risk from the banks generated a crisis of its own. Now the industry calls for changes that can improve the handling of the next crisis.
BY MARI ØDEGAARD
According to DNB Asset Management's Head of Absolute Return Investments Anette Hjertø, asset managers and the investment industry have taken over a large risk portion from banks in recent years.
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