We want innovation - but not at any price

It is fair to say there is never a dull moment in asset management whether it is markets plunging, f...

It is fair to say there is never a dull moment in asset management whether it is markets plunging, funds being suspended or managers to-ing and fro-ing. The last week has been a perfect example of this and why the job of portfolio construction is so much more than selecting the right funds. On the positive side, boutique River and Mercantile has carried on its steady development with the announcement that Newton's Alex Stanic is to join as head of global equities in June, providing another reason why advisers should look at the group if they are not already using its funds. The activity...