Comment & Analysis
Wealth funds are getting ‘too big to fail’
The world’s $87 trillion (£52.4tn) asset management industry poses some of the same “too big to fail” risks associated with the banks during the financial crisis, the Bank of England’s chief watchdog has warned. Director of financial stability Andy Haldane told delegates at the London Business School’s asset management conference…
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Click here to read the full story: The Scotsman