Regular readers of this column will know I am rather partial to the idea of the exchange-traded fund - largely, I must admit, as a way of reducing the total cost of ownership.
My hunch is 2017 could be the year traditional asset managers wake up to the reality that ETFs are a real existential threat to their business model, even here in Europe. Put simply, too many active...
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Why the traditional approach of combining bonds and equities is not the best way to improve risk-adjusted returns
Partner Insight: The way in which bonds have been so successfully combined with equities in the past 35 years has been contingent on them delivering high returns in periods of equity market stress. Yet in half of the 20-year periods over the past 120...