Fahrenheit 101 – why inflation indices are so controversial.

We measure inflation using “indices”. They are at best, very rough guides to the change in “average” prices in our economy.  But they’re fraught with problems, like “whose average?” Or indeed who is Mr and Mrs Average? So the debate as to which method is righ is very important. We’re seeing such a debate in …

Get Active – why Active is in such disarray and how to save it

Investors are disillusioned with active investment. Once the staple of institutional and retail investment practice, active now has an awful image – one of high cost mediocre offerings. While the rot was initially confined to equity, it has started to seep into fixed income. Here we try to understand why, and offer a simple solution, …