Yes to active asset management – but not for the "man in the street"
Trond Døskeland: Spotting mispricing isn't for everyone; it requires certain benefits. It can be size, a long time horizon, high liquidity, high competence or low costs.
When a savings bank takes on the responsibility of helping people start saving, I believe that the customer's interests should be prioritized. Therefore, the starting point for such savings should not be expensive, hidden active funds, but affordable global index funds, Trond Døskeland writes.
His feature article Ja til aktiv kapitalforvaltning – men ikke for «mannen i gaten» (in Norwegian) was published in Dagens Næringsliv on 25 January, 2024.