Opinion

The Walking with the Wounded trip to the North Pole, which includes four disabled soldiers injured in conflict, finally set off last week with Prince Harry among the party.

I am not sure what I expected the hedge fund investor would say to my question: "What is the most unusual thing in your industry?"

So Guillaume Rambourg finds himself exonerated, as we always knew he would, while the FSA is allowed to walk away scot-free despite being the real villain of the piece.

‘To invest successfully over a lifetime does not require stratospheric IQ, unusual business insight, or inside information. What is needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.'...

‘Idiotic' and ‘gratifying', are not adjectives commonly applied to financial markets, but they have been used recently to describe the state of FX rates.

The day of the recent demonstrations in London against the cuts, I found myself talking to a member of the Fire Brigade Union at a party. He had been to the protest that day and reckoned there were a million people demonstrating.

The recent Barclays Capital Equity Gilt Study 2011, which looks at UK asset returns since 1899, contains a remarkable statistic: the inflation-adjusted return from holding cash in 2010 was -4.1%; the worst return for UK savers since 1975.

The UK's Office of Budget Responsibility (OBR) has recently published its new forecasts. Among them is one that deserves more attention than it has received to date.

Henderson's Emily Adderson, manager of the £85m Global Financials fund, gives her take on the findings from the stress tests on Ireland's banking sector, announced yesterday.

IBT's David Pinniger explains how the UK Budget has enhanced the investment story behind biotechnology.