The $250 billion Future Fund is moving back to active management for its equity allocations, six years after stating it was “nigh on impossible” for active managers to add value over and above their fees.
Despite its history of volatility, emerging markets offer rewarding returns for investors with long-term “emotional grit”, says this Fidelity investment director.
Is it “too early” to call an end to the banking crisis amid uncertainty in the commercial property space, threatening to undermine the viability of highly exposed institutions?