Featured post
Indexing has saved investors $403 BILLION since 1996
Asset management, as Robin Powell, recently wrote, is the scary bill you never see. It’s huge, and if investors were actually presented, every month, with a pounds-and-pence or dollars-and-cents figure for how much they’re paying, most would be horrified. The good news is, of course, that there is a very much cheaper...
4 lessons to learn from Nick Leeson
Leeson. In so far as it’s possible to feel sorry for someone who steals the best part of a billion pounds, I confess to having just a little sympathy with Nick Leeson. The world’s most famous rogue trader was delivering the closing address...
Why we’re missing the point on ETFs
It was somehow fitting that Inside ETFs – this year’s big get-together for Europe’s ETF industry – should be held in Amsterdam. It was in the Dutch capital that the world’s first stock exchange was founded in 1602 and the first mutual...
Why 2015 is a critical year for the UK investing industry
For those of us campaigning for a fairer fund industry, and a bigger role for low-cost, evidence-based investing, the last few years have been a constant struggle. We’ve had plenty of talk from politicians and regulators about tackling excessive and opaque charges,...
Why my views on funds are attracting hate mail
I’ve never been called a Communist before, and certainly not a Jihadist. But in the last few weeks I’ve been labelled both – and, I dare say, worse. Hate mail. The reason? I’ve made a documentary about the fund industry. And...