Video by Livewire Markets. Livewire Markets brings together the most relevant and informed insights from leading fund managers and investment professionals. The Cadence Team contributes to Livewire Markets.
Karl Siegling, the Chairman of Cadence Capital says “Imagine 75% of your annual wage just disappearing. You’d be living on 25% of your annual wage. That’s what’s effectively happened to Rio” “There’s now a high chance that Fortescue is in severe financial difficulty”.