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.
The investment factor reveals a counterintuitive truth: companies that spend aggressively on growth tend to deliver lower returns than their cautious peers. With Big Tech pouring hundreds of billions into AI infrastructure, six decades of academic evidence suggest investors should be sceptical.
Robin Powell
Jan 208 min read
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