Is Active Fund Management Worth Paying For?

Fidelity Investments have recently cut charges on their range of very low cost index tracker funds undercutting their rivals and raising again the old chestnut, is it worth paying extra management charges for a fund manager to actively select stocks compared to buying a low cost index tracker? To remind you index trackers and Exchange Traded Funds (ETFs) are passive …

“We’ve got top men working on it right now!”

This was the evasive answer Indiana Jones, a leading archaeologist played by Harrison Ford and his companion Dr. Brody received at the end of the blockbuster film “Raiders of the Lost Ark,” when they inquired about the Ark of the Covenant. “Who?” Jones asked, not satisfied with the reply. “Top men.” The slow emphatic reply from an unyielding US government …

High Yield – The Search for Income

In an economy of balance sheet deleveraging and low growth a key challenge for investors is the search for income. The impact of the financial crisis in 2008 has led to structural changes in the UK economy with very low interest rates having become the norm. By low interest rates we need to distinguish between those that apply to cash and those that …