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"Very few in the industry knew about derivatives, and I used my advantage to secure more deals"

Career Path: Sometimes an apparently random choice made at university can greatly affect one's career. Danske Bank Norway Head of Wealth Management Paal Karstensen decided to write his master thesis about how Norwegian fund managers use derivatives in the hunt for returns. This proved be a major advantage throughout his career. He tells AMWatch why.

Danske Bank Norway Head of Wealth Management Paal Karstensen. | Photo: PR

Which career path did you envision for yourself when you were younger?

"When I was young, my sister married a fixed income salesman from a Norwegian bank. It was the late 80s, Wall Street was a very popular movie, and everything was booming. I was fascinated by his job and lifestyle, and I decided on a career in finance.

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