Bank of England governor Mark Carney has used the annual Mansion House speech to warn that asset managers must prepare for the consequences of normalising monetary conditions.
The governor said last night that the trend of increased market volatility "has further to run", as central banks seek the opportunity to raise rates from historic lows in an environment of uncertain liquidity....
GDP fell by 20.4% in three months to June
Architas' Sweeney's: Too early to call a recovery with geopolitical woes and oil price swings on horizon
Markets jumped considerably over the last quarter, mainly due to the pace and scale of the unprecedented stimulus measures delivered around the world. But the outlook for recovery remains on shakey ground according to Architas fund manager Nathan Sweeney
UK faces 'difficult winter'
Policy response depends on 'severity' of new restrictions
Liquidation fees have risen to over £15m
The Great British Sustainable Savers Census 2020
Celebrating the industry's future leaders
David Montgomery named MD