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The widespread belief that the stock market just wants to go up is conflicting with the prospect of higher-for-longer rates

Act now before the Lords’ reform — the discounts may disappear

Activist’s attack on ‘miserable seven’ highlights some well-known complaints

Demand from investors is in retreat as the popularity of passive funds and fixed income rises — but loyalists are convinced that opportunities remain

Saba Capital suffers seventh takeover defeat, but heat will remain on the industry, analysts warn

Trusts can keep back reserves to cover dividends in difficult years

Select a strongly performing manager with skin in the game

Nationalising train operators is no guarantee of better performance

Analysts expect supply deficit to develop as countries race to meet climate targets

Big falls in sentiment in bloc and Germany boost case for more ECB rate cuts, say economists