Small companies face uncertain times

By Geoff Miller, a fund manager at Exeter Fund Managers Is the financial services industry in the Western world in terminal decline, brought down by a series of scandals and collapsing markets? Will the financials sector follow the technology sectors down as margins are competed away and investors lose confidence in the system? Apart from the obvious personal reasons for all of us to be interested in the answer, it is key to any prolonged market recovery. For the first time in at least fifteen (and arguably 20) years, the stability of the financial system itself has been called ...