Decline in funds business to be short-lived: Guernsey Funds Forum

Investment fund activity is likely to bounce back quite quickly from the economic crisis caused by the coronavirus pandemic, a leading figure in the industry has predicted.   Jon Moulton, best known as a turnaround investor, and who also chairs the business advisory and stockbroking firm Finncap, said that the evidence from that company was a definite slowdown on the sales side.   "People don't want to sell in a world where they perceive values have just gone down, and when nobody believes they'll stay there. It takes quite a while for people to adjust to the new level," he said, spea...