In the first of a three-part series, Didier Saint-Georges, managing director and member of the investment committee at Carmignac, takes a closer look at why managing 'unknown' risks may be far easier than trying to predict them.
Asset managers and entrepreneurs have one thing in common: the odds are stacked against them. A simple look at the average returns of actively-managed funds, or the failure rates of start-ups, reveals...
The US dollar is close to peaking and the risks now seem to be on the downside.
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