“This kind of performance transformation rarely ever happens,” says New York-based
fund-of-funds manager Jonathan Kanterman, “without appointment of a new portfolio
manager or a complete change in strategy.”
Of course, Scandinavian countries have...
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“This kind of performance transformation rarely ever happens,” says New York-based
fund-of-funds manager Jonathan Kanterman, “without appointment of a new portfolio
manager or a complete change in strategy.”
Of course, Scandinavian countries have offered a positive alternative to most of the rest of Europe. Diversified economies with wellcapitalized banking systems, oil resources, and
healthy government balance sheets have made the Nordic region a magnet for foreign capital
looking to avoid the debt woes plaguing Greece, Italy, Portugal, Spain and Ireland in
the last few years. Only Finland uses the euro, though Denmark’s krone is linked to the common currency. Sweden and Norway are both outside the euro zone.
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