Asset management in uncertain times

AndrewBailey’s comments in January about investor vulnerability to asset prices wereunexpectedly prescient, as a short time later we grapple with the Covid-19crisis and consequent economic fallout. NeasaMacErlean reports on regulatory issues for the asset management sector.

Amonth before coronavirus first sent world stocks tumbling, Andrew Bailey voicedconcerns about how such a fall would affect novice investors. He was not usinga crystal ball; he was just looking at the facts.