AMWatch

Carneo CEO foresees massive outflows and free-fall market as new pension reform unfolds

A massive sell out from investment funds, damaging both fund managers, domestic small cap companies and pension savers' returns, will very likely be the result of last week’s amended Swedish Premium Pension System (PPM) reform, Christoffer Folkebo, CEO of multi-boutique manager Carneo, tells AMWatch.

Christoffer Folkebo, CEO of Carneo. | Photo: PR/Carneo

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