Icelandic investors binge on foreign assets
Following the lifting of capital controls in March this year, Icelandic investors can again freely invest in foreign assets. And they are already taking full advantage.
Following the lifting of capital controls in March this year, Icelandic investors can again freely invest in foreign assets. And they are already taking full advantage.
Egill Darri Brynjólfsson from Landsbref Bank in Reykjavik talks with EIE editor Dylan Emery about the implications of the capital controls for Icelandic investors.
Iceland’s fund selectors are keen to join the EU and to step up their allocation to international equities, but both wishes seem far away dreams.