The CEO of a $736 billion asset manager that sidestepped the most toxic casualty of the financial crisis warns of the big risk in markets right now
|09/15/2018||Posted by BusinessMediaguide.Com under General World News||
- Collateralized debt obligations, or CDOs, were a major financial casualty of the 2008 crisis.
- Many sounded the alarm on these instruments, including Martin Gilbert, the co-CEO of Aberdeen Standard Investments, which oversees $736 billion in assets and is the UK’s largest active manager.
- In an interview with Business Insider for the 10th anniversary of the collapse of Lehman Brothers, Gilbert shared the class of financial product he’s wary about now.
Martin Gilbert can claim bragging rights as one of the people who called the 2008 financial crisis — or at least an important part of it.
In a 2007 conference in Monaco, he read more >>>