Eclectica Asset Management's Hugh Hendry has tried to calm investor fears of a market crash, arguing recent turmoil has remained contained in "a curious way".
Hendry (pictured), who manages the CF Eclectica Absolute Macro fund, has reassured investors that issues in Greece and China have so far had a minimal impact. The outlook is more optimistic for Hendry,...
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Liquidity mismatches in open-ended funds, such as that seen in the property sector and in the case of the Woodford Equity Income fund, poses a threat to financial stability and could “amplify shocks in the financial system”, the Bank of England (BoE)...
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