Apollo Multi Asset's Tom McGrath considers the possible unintended consequences of Fed chief Ben Bernanke unleashing a third round of quantitative easing at the upcoming meeting.
For right or wrong, it is an incontrovertible fact that more and more investors, as well as their advisers, are making the shift to using passive funds as part of their diversified portfolios.
The reputation of a newspaper rests, partly, on the timeliness of its coverage. So imagine the damage if its front-page headline tomorrow read: ‘The Titanic has sunk'.