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Why global markets may be heading for a period of instability

Michael Hughes CIO, Baring Asset Management, discusses why the factors which have prompted such a long period of stability are now creating a period of instability.
London-based Hughes manages $17.5 billion in global equities. He recently met with FinanceAsia amid a worldwide series of meetings with institutional clients. You've been travelling around the world. What's your message? The theme we're pursuing is not one specific to 2006. We're making the case to institutional investors that for the past 15 years, the world has enjoyed the most stable set of economic conditions ever recorded. We haven't had this economic growth and stable infl…
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