Buffett's bet, hedging against a Corbyn government and maturing NS&I 'pensioner bonds' - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Warren Buffett wins his decade-long bet - but that doesn't mean stockpicking is dead A "dirt-cheap, computer-run" S&P 500 index tracker chosen by Warren Buffett has won him a decade-long bet against a portfolio run by a team of hedge fund mangers - and, in the end, it was not even close. Buffett's pick returned an annual 7.1% versus the hedge fund's 2.2%. This instance of success for Buffett and his chosen passive fund does not, however, mean active management is dead, says Telegraph personal finance editor Richard Dyson, who argues in this (premium) comment piece it would be wrong to ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes