Feb
07
Here’s How This $100 Billion Fund Is Bracing for Inflation Wave
By“Nobody knows exactly when it will happen.”
The words are Carsten Stendevad’s. The chief executive officer of Denmark’s ATP fund says that underestimating the risk that inflation will suddenly make a comeback is not “prudent.” Experience suggests it will return, even if there’s a considerable time lag.
“Most people know that despite having the most expansionary monetary policy in the history of the world, there’s nothing to suggest inflation will be higher tomorrow,” Stendevad said in an interview in Copenhagen. “However, it will be an historical anomaly if an expansionary monetary policy of this scope doesn’t lead to high inflation at some point in time.”…
Here’s How This $100 Billion Fund Is Bracing for Inflation Wave
