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us european stock weights set to rise in oslo

Norwegian fund selectors plan to increase their US and European equity allocations, research by Expert Investor Europe finds

The latest Expert Investor Europe Market Insight report – an analysis of data gathered during face-to-face interviews with Oslo-based wealth managers, pension funds, banks and family offices – reveals that more than two-thirds of Norwegian investors are positive on the broad economic environment.

This marks a strong upturn in sentiment since last year’s Expert Investor Norway conference (pictured), when just one-third of fund selectors were upbeat on global growth, and comes despite fears from some commentators over a slowdown in the domestic economy.

In line with their upbeat view, significant proportions of Oslo-based investors expect to increase their US and European equity exposure during the next 12 months.

Indeed, three-fifths of our interviewees plan to bolster their US stock weightings – a dramatic turnaround from 2012, when a net 11% expected to reduce their exposure (see chart).

Platinum members can read the full Market Insight report here.

If you are a fund selector and would like to attend this year’s Expert Investor Norway event on 20 November, please contact Simon Andersson by email or on +44 20 7382 4477.

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