Manager reduces risk to lowest level in 10 years despite equity rebound
The equity market has rebounded over the past month, but at Denmark’s largest independent asset manager, Formuepleje, CIO Henrik Franck took the rally as a chance to reduce risk, as ”there is a significant risk of value drops” in the near future.
by daniel skinbjerg, translated by catherine brett
Over the past month, optimism has returned to the equity market, with the influential S&P 500 Index soaring by 17% and the Danish C25 index jumping 14%.
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