| Rising political risk exemplified by such events as the election of Donald Trump and the U.K. vote to leave the European Union will be boon to managers that make active choices when managing their bond and stock portfolio, said the incoming chief executive officer of Norway’s Skagen Funds.
“The time has come again to think active management,” Oyvind Schanke, who’s currently one of three chief investment officers at Norway’s $850 billion sovereign wealth fund, said in a phone interview from Stavanger. “We’re getting to a crossroads here, with more and more opportunities. The more money that goes into passive management, the bigger opportunities for very active funds like Skagen.”............................................Full Article: Source
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