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Don’t rely on active share too much, says Arild Orgland – part 2 of 2

The Norwegian financial regulator recently announced that it considers the DNB Norge fund, a supposedly actively managed fund invested in Norwegian large cap equities, a so-called closet-tracker. Orgland used the DNB Norge fund in his client portfolios until last year. He gives his view on the controversy surrounding this fund.

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PA Europe

In part one of this interview, Orgland explains why he believes a focus on active share could easily fool fund selectors.