In the perfect world envisaged by market theorists, all obvious anomalies would be arbitraged away - and yet, writes David Jane, anyone who has worked in financial markets for any time knows this is simply not the case
One of the principal features of the current, long-running period of ultra-low interest rates and inflation has been the distortion of asset prices. Investors now seek returns from riskier assets because...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions