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Storebrand heavily discards equities for the first time since 2011

Norway's largest private asset manager is underweight equities for the first time since the fall in 2011 as trade war risks becoming a prolonged conflict.

Photo: PR: Storebrand

Storebrand Asset Management has unloaded equities worth several NOK billions in May and the first week of June, writes Norwegian media DN.no

This is the first time since the fall in 2011 for Storebrand to be underweight equities.

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