Tuesday, September 15, 2009

Global Financial Crisis Hasn’t Ended, Fund Manager Survey Says

Most fund managers say the financial crisis has not yet ended, with companies still burdened by large amounts of debt and credit markets still fragile, according to a survey by FTI Consulting Inc. Almost two-thirds of fund managers said the financial crisis is continuing, with U.K., U.S. and Australian investors the most pessimistic, the survey said. West Palm Beach, Florida- based FTI said 153 investors with $2.8 trillion of equity funds under management took part in the research.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOK1SOpOcjIM

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