Innovation and competition are at the heart of the UK's vibrant and competitive fund management industry, which is second only to the US.
This Friday the 123rd annual general meeting of Alliance trust will not be the serene affair the company's board is used to, as Laxey Partners' long-running call to integrate a discount control mechanism reaches its climax.
Sometimes the simplest ideas are the best. Complicating investment gets in the way of what really works - simple things like dividends, keeping costs down and buying well-diversified markets simply and cheaply.
Looking at last week's inflation report, it seems the Bank of England is reasonably content with the current state of play.
Cutting deficits is popular in the heavily indebted Western world. Some countries are being forced to, as lenders decline to lend them more money at realistic interest rates.
Many retail investors might not have known the name Laxey Partners before this year.
In the history of financial crimes perpetrated against the public in this country, it is fair to say the mis-selling of PPI policies is up there with the best of them.