The following is an extract from my latest FT column, which appeared on February 9th. It comments on the announcement by Vanguard, the US fund management company owned (unusually) by its investors, that it is planning to target the retail market in the UK for the first time. The published version of the column can be read on the FT website.
The latest quarterly asset class return forecast from Jeremy Grantham’s Boston-based fund management group GMO makes for interesting reading. For the first time in a
Here is a statistic to make your eyes water. CSFB Tremont, keeper of one of the main hedge fund indices, has removed the track record
Nobody who works in the financial markets, or writes about them professionally, can do so for long without recognising that their logic often seems to