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Top bond manager in Sweden sees risk of mass corrections in 2021

One of the best-performing credit managers in Sweden says bond investors might be among the few to avoid losses this year as he predicts selloffs across riskier asset classes.

SEB veteran Mikael Anttila's SEB Corporate Bond Fund SEK delivered a 7 percent absolute return last year, which Morningstar says was the best of any money manager in Swedish krona corporate bonds. But this year will be a lot tougher, according to Anttila. | Photo: PR/SEB

SEB veteran Mikael Anttila's SEB Corporate Bond Fund SEK delivered a 7 percent absolute return last year, which Morningstar says was the best of any money manager in Swedish krona corporate bonds. But this year will be a lot tougher, according to Anttila.

"If we get a situation where we get 0 percent return, it is still attractive," he said by phone. "Because I see a risk of so many corrections in other markets."

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