Fund managers have raised cash levels in their equity and bond portfolios to levels last seen at the height of the Lehmans crisis as valuations in risk assets hit extremes.
Four years after Lehman Brothers suffered the largest bankruptcy in US history, a former vice president at the investment bank has warned the financial system is on a ‘collision course' for another 2008-style event.
Despite negative press, structured products still form part of many wealth manager portfolios. Joanna Faith looks into their appeal.
BlackRock's Will Landers on the prospects for a rapidly growing market spurred by commodity demand.