Innovation is the key to success but dinosaurs will die no matter how large they are

Elon Musk has a point about short sellers impinging on the role of stock exchanges

Move to zero-fee index funds is hastening the makeover of fee models of active managers

Equity risk premium and the yield curve provide useful pointers but they are no substitute for human judgment

Tariffs and populism put ‘long-term’ back in vogue for pension planners

Most mainstream investors are not geared up to catch a bubble before it bursts

Rules have reduced banks’ ability to ‘store’ risk that delivered instant liquidity

Digitisation will do to the fund industry what the internet did to the music business

Markets are in fairyland but investors are destined to repeat history’s mistakes

Hidden fee disclosures will do nothing to heal industry’s reputation

If China suffers a hard landing the fallout could be substantial

The defined benefit pension pact was easy to make but hard to keep, writes Amin Rajan

Workers must spend less, save more, save early and retire late, writes Amin Rajan

Create-Research’s Amin Rajan says these two investment strategies are complementary

Pascal Blanqué and Amin Rajan urge investors to switch to risk-based diversification