In front of some of the UK’s most influential wealth managers, he also explained what some of the tools are available to central banks and governments to ensure global market stability.
The delegates and the fund managers were surprised to hear him talk about the markets pricing in ten-year real interest rates, in ten years time, at less than half the historic average of 3% to 4% of the past 100 years.
The main aim behind PA Congress UK 2014 is to encourage discussion and debate between all those present on topics from emerging market debt to UK alpha generation to European property, as well as broader topics such as the continuing domestic allocation bias within private client portfolios.
To see how successfully this all worked and to see who was rubbing shoulders with who, please click here.
