Before the credit boom, professional investors routinely allocated 10% or more of their portfolios to small-cap stocks, writes Andrew Morgan, portfolio manager at Walker Crips.
It is easy to get caught up in a campaign season, whether in the US, where the race for the White House is well underway, or in the UK, where the Brexit campaign is in full swing.
Correlations at elevated levels
Free trade agreements incomplete
Passive investing allows promoters to ‘fail conventionally'
Latest Harrington Cooper survey
Impacts of recently volatility
It is easy to forget it took three attempts to finally get Britain into the EU in 1973, and none of them was preceded by a referendum, writes James Horniman, partner at James Hambro & Partners.