Fund managers: Our verdict on central bank performance

clock • 10 min read

As policymakers continue to send confused messages to the market, fund managers examine their remaining options and the possible impact for investors.

Didier Saint-Georges, managing director, Carmignac Gestion Exit strategies a priority Central Banks have NO correct course of action left. Pursuing exceptionally easy policies is problematic as it keeps encouraging further resource misallocation, asset bubbles, and social inequality, while its incapacity to deal with deflationary pressures is now established. Central banks cannot keep fueling future market instability much more. They also need to regain some room for manoeuvre to be able to ease at the next down-cycle. But, by the same token, withdrawal symptoms will already be br...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 11 April 2024 • 6 min read
A day at the races: Delving into the balance between luck and skill

A day at the races: Delving into the balance between luck and skill

‘If a fund manager is successful…are they simply lucky with their calls?’

David Jones
clock 10 April 2024 • 4 min read