Financial advice consolidation in the UK has put private equity in control of hundreds of firms. Here's what vertical integration and hidden conflicts mean for your money.
Scott Adams damaged his own reputation in his later years. But long before that, the creator of Dilbert was using satire to make a serious, evidence-aligned case against active fund management — reaching tens of millions of readers along the way.
The SPIVA persistence scorecard has become a lightning rod for debate. Robin Wigglesworth shows how active managers’ critique collapses under scrutiny — and why persistence is the Achilles’ heel of their case.
Robin Powell
Sep 19, 20255 min read
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