AMWatch

Nordic investors' recipe for potential bubble: cash and courage

As stocks markets rally and fall, the CEO of OP Asset Management sees a slight risk of a pricing bubble in both equities and bonds. Mandatum's CEO reminds that in crisis times cash is king.

Mandatum Group CEO Petri Niemisvirta (right) & OP Asset Management CEO Tuomas Virtala (left).

European stocks dropped and US futures were steady on Thursday as Treasury yields stabilized following a renewed bout of bond volatility.

"There is a slight risk of a pricing bubble in both equities and bonds," comments CEO of OP Asset Management Tuomas Virtala to AMWatch. 

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