Opinion

GOSLING'S GROUSE

CONTRARIAN INVESTOR

The Global Emerging Markets sector was the bestselling IMA Sector in October, with net retail sales of £336m, the highest month on record for the sector, against a backdrop of net retail sales for the month of £2bn.

THE ALCHEMIST

HENDRY VS THE WORLD

Mike Riddell, a member of the highly regarded M&G bond team, discusses the problems facing the peripheral sovereigns in Europe.

I was going to do a spoof of WikiLeaks this week, after a series of more astounding revelations Americans are not big fans of the French or Italian leaders.

You would think intermediaries have enough to worry about for the future. Where will Europe's periphery go? What about RDR? Should they outsource allocation? The list goes on.

Fund management should be a fabulous business proposition. Employ a few smart managers, build a marketing team, sell a sexy new idea, take in assets under management and then retire off the AMC.

Remember when all investors had to worry about was the possibility of a double-dip recession next year? Those times seem like the simple, innocent days of spring compared with the icy scenarios now evolving.