Regulation to control bank liquidity has had a disproportionately negative impact on smaller asset managers, according to a new report by financial thinktank New City Initiative.
The report entitled "The Conundrum of Liquidity Regulation" said changes to bank regulation following the global financial crisis transferred risk away from banks and towards asset managers instead. ...
The US dollar is close to peaking and the risks now seem to be on the downside.
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