Fund structures are ‘a big issue’ for monetary system – Carney

Mark Carney
Mark Carney, Bank of England
Photo: Juno Snowdon Photography

Flaws in the structure of many investment funds could be responsible for amplifying the volatility of capital flows and exacerbating problems with the functioning of the international monetary system, according to Mark Carney, governor of the Bank of England.

Policy-makers overseeing global financial centres, such as London, need “to think about the structure of these capital flows” as well as “the right macro-prudential structure, in a global sense, for these funds”, Carney told Central

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: