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A $95 Billion Danish Fund Bets Robots Can Defy Market Correction

  • PFA of Denmark says technology means inflation shock unlikely
  • Fund bets inflation and rates will stay low for a long time
The central bank of Denmark stands in Copenhagen, Denmark, on Friday, Nov. 20, 2009. Denmark's unemployment rate rose in October to the highest in three and a half years as companies adjusted to smaller export markets by cutting jobs.
Photographer: Chris Ratcliffe/Bloomberg
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Has technology killed inflation? And does that mean interest rates will just stay really low for a really long time?

One of the biggest funds in the Nordic region, PFA Pension A/S (with about $95 billion in assets under management), is positioning itself for a world in which the answer to those questions may well be: Yes.