Pools of Capital Are Too Restricted: Fidelity Intl. CEO Richards

Anne Richards, CEO of Fidelity International, discusses the impact of globalization and potential trade deals in 2020, highlighting the challenges markets face due to geopolitical volatility. She examines how banking regulations aimed at reducing systemic risk have inadvertently created new risks by limiting capital movement. Richards emphasizes the need for adaptable rules to manage both regular and extreme conditions, suggesting that current regulations may sometimes exacerbate situations. The interview concludes with a reflection on the need for further discussion on these issues.

What is the significance of the statement regarding the capital's ability to move in response to events?

In what ways might the rules governing capital movement need to change in response to unexpected conditions?