Biggest Nordic Buyout Fund Sees "Asset Bubbles Wherever We Look"

""We’re more leveraged today than in 2006-2007," warns Thomas von Koch - managing partner at EQT, the largest buyout fund in the Nordic region, adding that "there are financial bubbles being built up and how they’ll be solved, I don’t know." As Bloomberg reports, von Koch concludes, an unprecedented era of monetary stimulus is inflating asset prices across markets to extreme levels, with history offering little help in predicting how it will all end - "The problem is global, not just for Europe. It’s the asset bubbles in general that concern me. It’s wherever we look."

As Bloomberg reports,

The biggest buyout fund in the Nordic region says an unprecedented era of monetary stimulus is inflating asset prices across markets to extreme levels, with history offering little help in predicting how it will all end.

“There are financial bubbles being built up and how they’ll be solved, I don’t know,” Thomas von Koch, managing partner at EQT Partners in Stockholm, said in an interview. “The problem is global, not just for Europe. It’s the asset bubbles in general that concern me. It’s wherever we look.”

“I can virtually toss those textbooks in the fire,” said von Koch. From an investor perspective, the development means stocks that track economic cycles are less appealing, he said..."

at  http://www.zerohedge.com/news/2015-02-19/norways-biggest-buyout-fund-there-are-asset-bubbles-wherever-we-look