News in brief - 2

Hedge fund managers must alter their mind-set on geopolitical risk from being a short-term phenomenon to an ongoing feature of the investment landscape, and accordingly alter their money management strategies, said Philippa Malmgren of Canonbury Group. Speaking at the Marhedge Paris conference in February she said many believed governments would fix the problem quickly, 'that once military action starts markets can rally because geopolitical risk will be gone. I feel governments will do nothi