With investors standing on the threshold of a new era of 'quantitative tightening', Darius McDermott argues talented active managers who have courage in their convictions should continue to deliver.
A rising tide has certainly lifted all boats since central banks across the world introduced extraordinary monetary policy measures in the wake of the financial crisis. These included quantitative easing...
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Consequences could be more severe than in stress tests
Move to variable operating expenses
Set to happen on 4 April