A Manager of $42 Billion Fears Bubble in World's Biggest Stocks
- Nordea manager says Amazon, Alibaba are overvalued stocks
- Nordea Global Stable Equity has delivered 12% average return
The Biggest Market Risks to Watch in 2018
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The world’s biggest companies could be hiding the biggest risks.
That’s because companies such as Amazon.com Inc. and Alibaba Group Holding Ltd are overvalued, according to Robert Naess, a portfolio manager in the Multi Asset team who manages about $42 billion in stocks at Nordea Bank AB, Scandinavia’s largest bank.