Norwegian fund manager turns bullish on China: “The incremental risk surely is lower”

Two global funds that have long been cautious about Chinese equities have turned bullish, the latest indication of recovering investor confidence in the world’s second-largest stock market.

Fredrik Bjelland portfolio manager of Skagen's Kon-Tiki Emerging Markets fund. | Photo: PR/Skagen

By Henry Ren / Bloomberg

Norway-based Skagen and its US counterpart Boston Partners have both turned overweight shares listed in mainland China and Hong Kong in recent months, citing cheap valuations, significantly priced-in financial and regulatory risks, and improved earnings as key reasons.

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Norwegian fund manager turns bullish on China: “The incremental risk surely is lower”

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Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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