2008 all over again?

How much better prepared are fund boards for a major market crisis than they were 15 years ago?

The NED was launched in the aftermath of the 2008 crisis. It has therefore followed the evolution of fund governance ever since. Early issues of this publication were full of coverage of dramatic events that would not have come to light if there had not been a crash in 2008 – ranging from Weavering through to the Madoff feeder funds.

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Liquidity risk review time

It is too early to tell whether this is just a mini banking crisis or the start of something more serious. But weaknesses in the banking system are being exposed following recent interest rate hikes and the ending of QE. Could the fund industry get caught up in this?

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