Man Group CEO Says US Recession 'Inevitable' to Curb Inflation

Luke Ellis, chief executive officer of Man Group Plc. discusses global central banks' efforts to tame inflation and the implications for financial markets, the opportunities he sees, and the prospects for the hedge fund industry. He speaks on the sidelines of the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit with Yvonne Man and David Ingles on "Bloomberg Markets: Asia."

[bernardscheidle]

Do you really think you can stop inflation when interest rates are only half of the inflation rate?

[wiebeplatt]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

[kikolatulipe]

So regular people -worker will have to pay for this mess of inflation!

[jimmurphy]

Sorry people, the Feds just stole your Christmas 🎄 🎅

[tastypymp]

It's not a question of if, but when and how bad.

[supermash]

Why have you returned to HK? Abandon China and move your business to a free democracy somewhere.

[grazz]

Companies were just taking back the money they lost the past two years but at this point it’s just greed and price gouging.

[Rking]

"Sort of inevitable" does not equal "inevitable" and is not a particularly insightful comment. Yes, someday, there will be a recession. That is always true.

[jonkayl]

4% interest is not relative to the massive house prices though, that new. lost interest now

[xuanhathudong]

Last 10 year it is going up everywhere cause less people joining, after covid more people joining buying so it is more efficient market 😄 efficient market cannot going up forever 😂

[Hello-plqe]

In otherwords, we've stolen a damn good amount of money from poor in the last 5 years so even in a significant downturn were covered