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However, while he warns of more “skeletons in the closet” in the market, he does not expect a generalised systemic collapse of the Chinese financial system.
Geldard also reflects on last year’s taper tantrum which caused serious disturbances in emerging market bond markets, but has caused pockets of value in local currency areas which he and his colleagues are looking to exploit.
Key events for wealth managers in the week beginning 25 November
The label will come into effect on the 27 November
Global climate assets up 6% in first nine months of 2024
Reluctance of platforms to allow for fractional trading means the inclusion of ETFs and trusts within model portfolio services is being constrained
88% of companies globally either raised payouts or maintained their level
Number of women in the industry increases but female representation in the 50-64 age bracket declined, according to inclusion report
