HSBC puts to heat map form the terms "risk on" and "risk off," showing the sharp increase in...

|By:, SA News Editor

HSBC puts to heat map form the terms "risk on" and "risk off," showing the sharp increase in correlation across asset classes since the Lehman collapse. With assets moving together, many managers feel the whole investment process is broken, says the report, but get used to it as long as government policy is the gorilla in the markets.