Fund managers: crisis is not over
11 April 2012
Fund managers in London are among the most gloomy with nearly three quarters convinced that the financial crisis is not over.
Research by New York-based business advisors FTI Consulting found 73% of senior fund managers in the capital don't believe the crisis has ended.
US and Australian investors are also pessimistic, with 76% and 80% respectively claiming there is more pain to come, compared with 62% in Asia and 59% in Europe.
FTI chief executive Jack Dunn said: "The majority of funds surveyed did not believe the financial sector has recovered since the pinnacle of collapse in September 2008."
