Hedge fund manager took in a net $8.2bn in the first half, with emerging market debt being one of the main contributors
Countries on the fringes of the eurozone suffered after ECB lowered interest rates
Issuance is up but Islamic finance is second choice after conventional bond market
As an investment community, we have to realize that any system with 90% homogeneity is vulnerable, while diversity makes the system more resilient.
A spike in income volatility has some banks working on ways to help people cope, and now the fintech think tank Y Combinator Research is planning to test a possible solution, albiet a controversial one. Have you heard of “universal basic income” yet? You probably will.