Continuing his series on active management, Graham Bentley considers the part randomness plays in determining fund results and rankings ...
Critics of active management often cite the ‘higher fees for no skill' argument. They have a point. Luck has a significant impact on investment returns - in the short term. Investment is not like a...
Lasting power of attorney
Three risk profiles
Caused by falling oil price
Roger Marsden takes over on interim basis
Will face 'appropriate action'