Rich Nordic investors plow record cash piles into tiny firms

Nordic retail investors have found a new place to put their money, after years of ultra-low interest rates left them holding a lot more cash.
Bjørn Sibbern, head of European markets at Nasdaq, says the trend marks a departure from the last financial crisis, when retail investors flocked to the biggest, best known firms. | Photo: Nasdaq/PR
Bjørn Sibbern, head of European markets at Nasdaq, says the trend marks a departure from the last financial crisis, when retail investors flocked to the biggest, best known firms. | Photo: Nasdaq/PR
By Hanna Hoikkala and Frances Schwartzkopff / BLOOMBERG

Record amounts of money have poured into the smallest companies listed on Nordic exchanges, according to data provided by Nasdaq.

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