the leader

The FSA's ‘dawn raid' on the premises of Castlestone Management two weeks ago was a gift to journalists looking for a strong headline.

‘The public wants what the public gets', sang the prime minister's favourite group The Jam three decades ago, in a tirade against press barons and human apathy.

The fall of the Berlin Wall in 1989 was the start of a two-decade bull run in emerging European equities. The twin forces of a desire for democracy and basic living standards helped bring down the symbol of Communist repression.

Yesterday saw the 16th annual Investment Week Fund Manager of the Year Awards, with the normal array of plaudits and criticisms that go with such events.

The financial adviser Arthur Childs, of Surrey-based Arch Financial Planning, likened a pension to a kitchen in a recent note to his clients, which is a novel and more accessible way of describing them to the average person who is not embroiled in the...

In the immediate aftermath of the collapse of Lehman Brothers in September 2008, American economist Leigh Skene addressed a lunch organised by Investment Week for family offices and their advisers.

The news a number of public sector unions are balloting their membership for strike action over reforms to pension schemes will see the coalition government face its first serious test of resolve, and importantly its first significant foray into major...

The fund management industry is doing its best to dig the IMA out of the rather embarrassing hole it constructed for itself with its alphabet approach to the Managed sectors. At last, common sense is in danger of breaking out.

The debate about how quantifiable the skill of active managers is has been reignited again by research from Inalytics, the specialist manager evaluation firm, which concludes fund managers with no significant skill in stockpicking have still been able...

Innovation and competition are at the heart of the UK's vibrant and competitive fund management industry, which is second only to the US.