Investment: Brownian notions

The pat excuse for volatility striking markets in August is that the investment heavyweights are on the beach. Not so Alan Brown. The chief investment officer of Schroders met Euromoney as panic turned to hysteria. Brown believes these are among the most treacherous markets he has ever experienced, but finds a few boltholes for investors brave enough to be contrarians, writes Andrew Capon.

Alan Brown, CIO Schroders
see also:
Alan Brown: The future of the eurozone

IF IT IS a curse to live in interesting times, chief investment officers must be feeling particularly rueful. Alan Brown has been in his current role at Schroders since 2005, running £205 billion ($337 billion) in assets. But he has been overseeing global fund management teams in various guises for more than 20 years. So when Brown says that “this is certainly one of the most difficult times to manage pools of capital that I can recall,” it is worth listening.

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