The year 2005 seems like a lifetime ago instead of ten years. We were in the aftermath of the dotcom crisis and had lost a generation of investors who had been sucked in by the supposedly high returns with little risk offered from investing in technology...
I do not want to be awkward or deliberately contrarian but has anyone noticed US equities look expensive again?
The industry needs to agree a proper measure of value added by managers in the investment process, writes David Stevenson.
Tick-list to assess our judgement of events.
Investment Week is due to publish a book, Intelligent Investors, to celebrate its first 20 years shortly.
There is an unsaid adage in fund management about 'grey hair' and 'scars', which means up and coming talent in the industry can be overlooked in favour of those with a decade or two of investment experience under their belt.
Alternative finance becoming more mainstream
Today's announcement by Stewart Investors that Angus Tulloch and Jonathan Asante are stepping down from a number of funds will have unsettled investors, perhaps far more than any other high profile manager moves of the past.
Much is made within the industry about 'profitable' and 'unprofitable' clients, but outside the financial services bubble it can sound a bit crass or uncaring.