gata.org / By Kati Pohjanpalo / 2015-01-26 05:37
By Kati Pohjanpalo
Bloomberg News
Sunday, January 25, 2015
HELSINKI, Finland — Finland’s biggest private investor with $45 billion under management said asset purchases by the European Central Bank are undermining investors’ ability to price bonds.
“The value of market signals has in practice plummeted,” Risto Murto, chief executive officer of Varma Mutual Pension Insurance Co., said in an interview in Helsinki on Friday. “The role of market forces is going to be particularly small in the near future.” …
The post Biggest private fund in Finland says QE destroying price signals appeared first on Silver For The People.
