While complex strategies can have their benefits, it is vitally important index funds do not lose their core simplicity, writes Legal & General Investments' Dan Attwood.
As 2013 drew to a close, Barclays CEO Antony Jenkins gave a speech to students at a London college. He told them: “Trust is a very easy thing to lose and a very hard thing to win back. In my view, it will take several years – probably five to ten – to rebuild trust.” The world of financial services has been dragged through the mud since the start of the credit crunch. In some instances, it should be said that the opprobrium has been entirely justified but the sad fact is that the ethical majority have suffered by association. How long do you think it will be until the general public –...
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