Long-term returns boosted by illiquidity

The less liquid a stock, the better it will perform over time

A dose of rate reality to hit markets

Treasury issuance provides best clues for rate direction

Chase sales and margin growth in Big Tech

Not all growth is equal and some tech stocks may be ‘growth traps’

Low-cost evangelism sees Vanguard thrive

Management fees at all US mutual funds are lower as a result

Low volatility is bad for ‘low-vol’ funds

Once central banks start to tighten rates, such assets may make sense

Stakes high for target-date pension funds

Advocates of active management impressed with recent data

Look for value trades in emerging markets

Dividend payers and China A-shares are undervalued

A better way to invest in overseas markets

Companies must disclose more information on regional exposure

Laggard retailers remain a horror story

Even after recent losses retail stocks are not cheap

Best days of private equity could be past

Why Blackstone shares and peers are not performing more strongly

How to guard against an oil price spike

Crude oil prices have surged to highest in nine months

‘Yellen Index’ flashes Fed tightening

First US rate hikes could happen sooner than expected

Is ‘smart beta’ smart enough to last?

If it relies on ‘dumb beta’ to work, it will be eliminated over time

Tough test for UK’s Dutch-style pensions

There are doubts over whether CDC schemes can prosper

Personal coach wanted for investing shots

Tennis could well teach us something about investment performance

Do not be fooled by fund rankings

Memory of risks fades as crisis drops out of performance tables

Europe’s bargain stocks cleaned out

Hard to find companies with a ‘eurozone discount’

Hard sell: why fund managers underperform

Effects of poor selling decisions outweigh good buying ideas

Hedge funds haunted by deflation spectre

Confidence in M&A drive and proactive Fed keep spirits up

Stop the scramble – Africa rewards patience

Mistakes made in opening up other EMs must not be repeated