Fund manager William Littlewood’s unconventional take on
global financial risks
“My greater concern
is that while looking for troubles in the East, investors are neglecting
unsolved problems in the west. In the context of poor growth, the high levels
of sovereign debt in many developed nations are unsustainable. This has been
masked temporarily by the actions of central bankers, who have suppressed
interest rates to historical lows and in turn made borrowing costs appear
manageable.”