Now Is the Time to Turn to Hedge Funds, Nordea Chairman Says

Bjorn Wahlroos, the chairman of the biggest Nordic bank, says now is the time for investors to turn to external managers such as hedge funds to navigate their way through more “complex” strategies.

Doing so will help them cope with the high levels of uncertainty ahead as equities run out of steam, Wahlroos, who heads the board of Nordea Bank Abp, wrote in a column that was posted on the website of a unit of another firm he chairs, Sampo Oyj.