Mark Carney blasts investment funds with liquidity mismatch as 'built on a lie' – Telegraph.co.uk

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Mark Carney has blasted investment funds with a liquidity mismatch as “built on a lie”, warning that they could pose a “systemic” risk following the suspension of Neil Woodford’s flagship fund.

Mr Carney told the Treasury Committee that the rise of such funds could create “a potential systemic issue” and…