Industry Focus
Negative Yields, Shrinking Unicorns and More Challenges for 2020
The risks of 2019 will continue to haunt us next year.
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Risk took on some surprising shapes in 2019. People stood up to governments. Negative yields rattled the bond market. Passive funds overtook the stockpickers. Leverage peaked, unicorns deflated, and illiquidity destroyed fund managers. Here we hope to offer some insights to help prepare you for the perils of 2020.
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