Cash is king, hints Mandatum AM's CIO

Mandatum AM ditches negative yielding debt and creates war chest for market dips.

Mandatum Asset Management has reduced its fixed income risk and is holding the funds from the sales in cash, says Ville Talasmäki, CIO of the company launched earlier this year.

Speaking to Finnish finance daily Kauppalehti, Talasmäki, who runs the investments of the company, notes investors in the current situation have to be particularly careful.

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