But investing in a cheaper passive vehicle may make more sense in more efficient markets
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IT’S BEEN a turbulent year at the top of the fund management industry.
THE UK economy is showing improving health, according to statistics out this week that are expected to reveal growth throughout the secon
WALL Street is experiencing its best month since January and looks poised to extend the rally with a deluge of earnings this week, though
UK EQUITIES rallied firmly into the close yesterday as bullish economic data both here and in the US calmed fears that the global economy
THE DOW Jones and the S&P 500 closed at record highs yesterday after Morgan Stanley and others reported better-than-expected earnings
BRITAIN’S FTSE 100 rose yesterday, with miners cheered by a string of solid output numbers from the likes of BHP Billiton, and with the U
US stocks ended modestly higher yesterday after Federal Reserve chairman Ben Bernanke said the timeline for winding down the organisation
MINING heavyweight Rio Tinto helped limit a slide in Britain’s blue-chip FTSE 100 index yesterday with a production update that assuaged
THE S&P 500 snapped its eight-day winning streak yesterday after disappointing sales from Coca-Cola, while investors turned cautious