Odin CIO: "We're not soothsayers running around wearing tall black hats"

Norwegian asset managers agree with their colleagues in Denmark that an equity market correction could be approaching. However, to predict it as imminent is simply nonsense, says Odin Fund Management CIO Alexander Miller.

Alexander Miller, CIO at Odin Fund Management. | Photo: PR / Odin Förvaltning

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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