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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

Many are ‘investing because everybody else is’ and most will lose money, claims Vinod Khosla

The market consensus has flipped once again, now to a widespread expectation that rates are easing

The billionaire on his fight to fix Disney, keeping politics out of the boardroom — and why he is backing Trump again