Love is not logical. Arguably, nor are investors who stick with underperforming investments in the belief that their fortunes may reverse against all evidence, writes John Roe, head of multi-asset funds at Legal & General Investment Management.
But many fund managers appear to hold certain assets even when it would be prudent to walk away, going against their more rational judgement and demonstrating a very human susceptibility to behavioural...
Firms must ‘turn technology against criminals’
Range of strategies available
Spent ten years at Stonehage Fleming
Early this summer, the Financial Reporting Council (FRC) is due to publish a revised version of the UK Corporate Governance Code, which is expected to include new guidance affecting the composition of boards and shareholder voting practices.
Annual impact report