Investment must be more than chasing hot assets

Last week's 75 basis point cut by the Fed, the largest in 20 years, shows we are clearly in the mids...

Last week's 75 basis point cut by the Fed, the largest in 20 years, shows we are clearly in the midst of interesting times in the market. Billionaire George Soros has said the current financial crisis may be the worst since World War Two, and the consensus now seems to be gradually shifting towards recession. Last week's volatility shows panic is setting in, and with so much hot money swilling around the market, this could mean tough times ahead. Putting aside economic speculation, the key for Investment Week readers is clearly how they can best serve their clients in more difficult c...