Active beasts to thrive when jungle rule returns to markets

Hermes Investment Management’s Eoin Murray tells FETrustnet that a financial crisis may not be imminent but the end of a cycle is approaching. He says that we have companies borrowing without due protection afforded to lenders, which they really should be demanding. This could be a potential powder keg under bond markets, and one that is highly reminiscent of the situation pre-2008.