It created an
emotional legacy that has influenced financial markets and
determines the price of assets, according to Eric Lonergan from
Eric Lonergan from M&G
The well known
events of that year included the banking crisis which resulted
in a lack of liquidity in the markets, the collapse of Lehman
Brothers and the closure or merger of many well known financial
institutions left its mark on most ordinary people.
It has also left
its imprint on financial markets and this legacy may still be
felt two decades after the event, according to Lonergan co-fund
manager of M&G's Macro Episode UCITS fund launched in June
exploits so-called episodes and it is an onshore mirror version
of its Cayman Island-domiciled Episode fund.
Lonergan says he and his team, which includes co-fund
manager Dave Fishwick, are co-fund managers of M&G's Macro
Episode UCITS fund...