This time, a fund liquidity crisis traps institutional investors, including pension funds.
Just when European banks need to inspire confidence more than ever.
$30 trillion of assets globally are held by similar open-ended funds.
“Weaponizing” Europe’s financial services, with an eye on the UK after Brexit?
Shares of one fund plunged 22% on Friday. Other funds under pressure, raising serious questions about just how liquid “equity funds” in the UK are.
Driven by Diesel Death-Spiral, “decline in buyer confidence,” plunging sales of plug-in hybrids. But EV sales soar.