Fund managers: the customers’ yachts
PremiumThe rise of passive products is a bigger threat than regulation
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The rise of passive products is a bigger threat than regulation
Recruitment in US is more meritocratic than ever after jobs-for-access scandal
Even if China’s property surge slows, southern city’s appeal will endure
Another endorsement from shareholders, as cash becomes increasingly critical
Advisory fees are already under pressure — expect conditions to get worse
Squeezing banks is now a bipartisan sport and simplicity is fashionable
Prioritising payouts over growth is unambitious, but the alternatives are worse
The software company is protected but not impervious to the election’s results
Bouygues Telecom looks less the poor relation in French telecoms
Sage of Omaha’s bet on passenger transportation is justified by recent consolidation
Cutting funding costs by increasing deposits is the most obvious self-help
UK online grocer faces growing number of competitors
The watchdog report was mild. The real challenge is to come from politicians
Congress stands in the way of privatising the companies
Inventory is piling up, suggesting heavy post-Christmas markdowns
As prepared as it could be for Brexit, UK property developer still cannot evade risk
US contractors have the most to gain from increased national military budgets
India’s wireless telecoms market is, to put it mildly, very competitive
Trump-inspired rally is unseaworthy, as overcapacity rules the waves
Industrial conglomerate is paying a lot for some simulation
President-elect should be careful what he sows
Car-components deal needs to show financial as well as industrial logic
A focus on the details has helped the distributor surmount low margins