Fund manager fears global credit crunch will prolong recession
Nordic fund manager Reima Rytsola is concerned credit may stop flowing if governments don’t add enough stimulus
15 March 2020 - 16:37
Helsinki — One of the biggest Nordic fund managers is worried credit might stop flowing across the globe if governments don’t step up their game.
Reima Rytsola, chief investment officer at Varma Mutual Pension Insurance in Helsinki, says he can see signs that financial conditions have tightened despite efforts by central bankers to provide emergency liquidity...
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