Given recent debates among various academics and practitioners, you may find this hard to believe but, writes Brendan McCurdy, the magnitude of a portfolio's ups and downs should still matter hugely to investors
Is volatility, as a measure of risk, dead? Of course not. You might not think it, given recent debates among quite a few academics and practitioners, but the magnitude of a portfolio's ups and downs matters...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions