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If California can squirm out of high-cost renewable power contracts, others will do likewise

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ObituaryJack Bogle

Vanguard founder changed investing for millions and built group that became $5tn investment giant

Financial pioneer helped people invest their money wisely and cheaply

ExplainerJack Bogle

Tributes flow to late Vanguard founder and pioneer of passive investing industry

Traditional managers smirked when he launched his first vehicle. No one is laughing now

Men and women perform better when they work together in mixed teams

Campaigners say world’s biggest fund manager lags behind peers in challenging companies

A tricky year for GAM, one head rolling at SLA and pressure on index providers

Popular investment products still produced second-best year of sales

EU markets watchdog highlights ‘significant drain’ on performance in its first report on charges

Declines for stock markets and rising US interest rates fuel widespread difficulties

Regulators look at whether businesses could imperil stability of financial markets

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