Some highlights from Monday’s FTfm
‘Best-ideas’ funds come out on top
Highly concentrated “best-ideas” funds may be able to consistently outperform traditional, highly diversified active funds, according to new research.
Unusable reserves: it’s hot air, say analysts
A recent report by the Carbon Tracker Initiative which argues that much of the world’s stock of hydrocarbon reserves can never be burnt if we are to avoid runaway climate change has met with widespread scepticism.
How to cut costs in running pensions
Large scale plans run on a not-for-profit basis with in-house management are undoubtedly the cheapest way to look after people’s retirement savings, writes Pauline Skypala
Face to face interview with Charles Prideaux of Blackrock who discusses mergers, mandates, scale and growth
Longer life expectancies eat into projected returns
Arbuthnot Latham has issued a report highlighting what it called the “structural pitfalls” of life settlement funds and has warned clients against investing in them
Europe takes lead on boardroom diversity
While the European Parliament has put the spotlight on the gender divide, the US has no plans to impose women director quotas
In an ideal world, Kafka would restructure Greece
Instead, Cleary Gottlieb, the New York headquartered international law firm, which has represented Iceland and Argentina, is the choice of governments that believe they have unsustainable debt burdens. It tells us a lot about the direction euro area finance will take, says John Dizard
Retreat of hedge funds would be no bad thing
The news that George Soros is throwing the last outside investors out of his Quantum Fund and keeping it as a family office provides a reminder that hedge funds are facing increasing obstacles
Advisers attack investors’ flight from government debt to high-yield bonds
Income investors are abandoning gilts and US Treasury bonds to shower attention on the high-yield sector, fearing the possibility that the twin government debt crises in Europe and the US might worsen. But the surge in interest is being met with criticism in certain circles.