As markets continue to be crippled by volatility, investors are struggling to find viable safe havens. Could the Nordic region be the answer? Maria Merricks finds out.
Investors seeking refuge from a deteriorating eurozone debt crisis have found safe havens increasingly hard to find over the past few weeks. Despite record highs in the aftermath of August’s sell-offs, the price of gold has fallen off more recently as liquidity concerns spook investors. Meanwhile, an exodus from the dollar at the beginning of September put a strain on its fellow traditional currency safe havens: the Japanese yen and Swiss franc were effectively struck off the list by official interventions to put caps on their appreciation. For a brief period, the stable political sys...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
