Gosling's Grouse: Keep calm and add risk?

After a summer which was surprisingly quiet by the standards of recent years, we may be at the point of significant change in the direction of markets.

We have not seen a re-run of the China 'collapse' of this time last year, the worst of the Greek debt crisis seems like a distant memory (even though it is very much still there), and we are reduced to 'worrying' about incremental changes in interest rates. There is no doubt the world of negative interest rates is causing a challenge for asset allocators and their clients alike, but somehow risk today is of a different nature than previous years. As we head towards the eighth anniversary of the collapse of Lehman Brothers this month, which proved the catalyst for the global financial ...