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.
City of London skyscrapers including the Gherkin — the financial district reshaped by Big Bang in 1986, after which stock picking became a structurally losing game as research shows only 3.1 per cent of UK stocks generated all the market's real wealth over 50 years
Sunday Times columnist Ian Cowie's Apple ten-bagger makes a great story, but is it evidence that stock picking works? His own readers want benchmark comparisons — and the data is firmly on their side.
Robin Powell
Feb 24 min read
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