'The perfect storm': Black Monday 25 years on

BLACK MONDAY

Chris Burvill
15 October 2012

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Henderson's Chris Burvill, manager of the £1.2bn Cautious Managed fund, recollects his experience of the 1987 stock market crash known as 'Black Monday', and asks whether it could happen again.

This crash didn’t come out of a clear blue sky, literally. The hurricane had happened only three days before and the UK market had been virtually closed on the Friday. The insurance and disruption costs...

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