DNB fund loses on SBB: A sad case for us

Svein Aage Aanes, head of interest rates and currencies at DNB, has never seen a weaker investment than the SBB bonds in the fund’s more than 25-year history.
Svein Aage Aanes, head of Fixed Income and Fx at Dnb Asset Management. | Photo: Pr / Dnb
Svein Aage Aanes, head of Fixed Income and Fx at Dnb Asset Management. | Photo: Pr / Dnb
ØYSTEIN BYBERG

DNB Asset Management has been invested in various bonds issued by SBB , the landlord at the center of Sweden’s property crisis. Much like the share itself, the bonds have fallen sharply in value.

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