The International Monetary Fund (IMF) has said large funds are not the sole contributors to systemic risk issues and has called for asset managers to be subject to stress tests.
In a chapter of its twice-yearly Global Financial Stability Report, the IMF called for further scrutiny of the asset management industry, suggesting a revamp of oversight methods is needed. It said...
What made financial headlines over the weekend?
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000