Professor Jesper Rangvid from Denmark's Copenhagen Business School (CBS) commented last week that equity market returns will decline in the coming years. Compatriot pension companies Velliv and PFA issued statements agreeing with Rangvid's forecast.
In Norway, however, Odin Fund Management Chief Investment Officer Alexander Miller is not quite of the same mind. Rather, he says, predicting an impending market correction is simply nonsense.
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