The flaw in terry smith’s strategy

Determining when to call time on a struggling investment vehicle

Things haven’t been great for the UK stockmarket over the last two decades. Indeed, the City has been a “serial underachiever”, especially when compared with the US, says Andrew Jones, a portfolio man

The last 50 years have been kind to investors in real terms. Everything made money: equities, bonds, property and gold. All investors had to remember was not to buy high and sell low. But that hasn’t

UK equities are having their time in the sun. The FTSE 100 recently hit an all-time high of 9,000, driven by a broad recovery in equity prices. To put it another way, the rally wasn’t just driven by a

Shorting can improve market efficiency by providing liquidity and exposing overvalued companies

The Old City’s “Buy British” campaign will deliver higher fees and sub-par returns