Banks, regulation, LTAFs: Where now for the investment industry after eventful Q1?

Crisis mode After an extremely challenging 2022 across asset classes, investors appeared more hopeful at the start of the year that conditions could improve in 2023. Global equity and fixed income markets obliged at the beginning of the quarter and the phrase ‘bonds are back' dominated sales pitches. However, amid the renewed optimism, commentators were already warning markets were getting ahead of themselves as inflation threatened to remain stickier for longer and the ramifications of the end of the easy money era were starting to be felt.  Indeed, the fragility of parts of the sy...