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Lego billionaires’ fund says now’s no time to buy stocks

The fund manager overseeing the fortune of the Lego billionaires says equity markets remain too volatile to justify any bargain hunting.
Photo: FABIAN BIMMER/Ritzau Scanpix
Photo: FABIAN BIMMER/Ritzau Scanpix
BY CHRISTIAN WIENBERG / BLOOMBERG

“This is not the time to be brave,” Soren Thorup Sorensen, the chief executive of Kirkbi Group said in an interview on Tuesday. He spoke shortly after unveiling a set of results that showed he almost doubled the Lego family’s investment profits in 2019.

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