Every once in a while, when a new phenomenon surfaces in the investment landscape, the rhetoric ignores the inherent challenges. ESG is no exception. Our annual surveys single it out as a foundational trend, for […]

The changing world of investing is now putting a growing premium on female intuition. Traditional star culture – mostly centred on male portfolio managers – has been withering on the vine in this decade, as […]

2017 was a banner year for M&A in global asset management. The tempo has eased somewhat this year. But there is a big difference between the latest wave of M&A and the wave that happened […]

When an iconic entrepreneur is humbled so publicly, it’s a moment of truth. But it’s the bigger truth that is often the real casualty. Thus it was so over Elon Musk’s dust-up with the Securities […]

Fidelity’s recent launch of four zero-fee indexed funds has attracted a mixed reaction. Some see it as a minor ratcheting up in the price war between the mega indexers. Like climate change, they argue, fee […]

“The truth is rarely pure and never simple.”     Oscar Wilde. Investors have long relied on two crystal balls when predicting future returns: equity risk premium and the yield curve. Both have been broken in […]

The Brexit vote, the election of Donald Trump and the gains made by antiestablishment political parties in the West mark the rise of a long-forgotten phenomenon: populism. It promoted fascism when it last reared its […]