M&A boom must evolve to create growth

Expansion in labour and investment must be the aim of mergers

Investors buy junk bond recovery more time

Defaults low and returning investors still seek high yielding assets

Sanctions must prompt a rethink on Russia

Escalation in tensions will eventually affect market valuations

Markets enter ‘Great Frustration’ phase

Economic optimism remains, but valuations are too high

Sell-off reminder of threats to stability

Correction reflected cumulative impact of multiple causes

Education no cure-all for bad decisions

Explaining how pensions work might alarm rather than empower

Preserve gains against market shakeouts

Cost of protecting profits is low considering the bumpy road ahead

New money market fund rules risk backfire

If ‘gates’ are erected the incentive to get out kicks in earlier

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