Final column for Investment Week
Investment is a balance between cost and return
Case of two advisers
The multi-manager structure as we know it today - free of capital gains tax (CGT) for the buying and selling of funds within the wrapper and free of VAT - is 50 years old next year.
'In danger of shooting itself in the foot'
Has it improved the industry?
Part of competition review
It would be fair to say the industry has been very successful at creating products that are good at accumulating wealth for clients.
Critics of active investing had a field day recently when the FCA announced a group of investors were getting £34m in 'compensation' from so-called closet tracker funds.
'No such thing as easy money'
Boom in Bitcoin
It is often said the problem with regulators is they spend so much time looking at past problems they miss the ones coming up.
I did something really bad recently. I showed my three-year-old granddaughter how 'click and pay' works.
Women in Investment awards held by IW
What should we teach school children in 2030? The charity Nesta asked this question in a recent report and it was too good a headline not to tuck away and comment on.
'When is the correction coming?' I asked some respected investors a couple of weeks ago - a question many are considering but only a few are brave enough to speak up about.
Tax affairs of rich and famous
Who knew 18 October was Global Ethics Day? I only found out because I was stuck at an airport re-reading the Financial Times and reduced to looking at the adverts.
Different understanding of risk
There is a strange obsession in this country with asking successful fund managers when they are going to retire.
What constitutes value for money for investors?
Regular readers of my grumbling will know how frustrated I get with the language universally used by the industry.
The importance of diversity for financial services
The government seems to know the answer to the above question as it has commissioned a report/review into the area, but I still find myself a little confused by the concept.