When Peter Lindegaard was promoted as Industriens Pension's Chief Investment Officer in November 2019, the experienced financer could hardly have anticipated what Mr. Market had in store for him.
During the beginning of his tenure, global growth was stable and equity markets were climbing towards all-time heights while bond yields were low. This development, however, was abruptly replaced by recession, plummeting equity markets a lower for longer outlook for bond yields.
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