Some highlights from Monday’s FTfm.
EU creates loophole on kickbacks to financial advisers
The European Commission’s Mifid II directive proposes a commission ban for IFAs, leaving a loophole for non-independent advisers to take payments for financial advice
Credit Suisse to simplify some ETFs
Credit Suisse Asset Management is to convert some of its swap-based exchange traded funds into ‘physical’ ETFs amid mounting regulatory criticisms of ‘synthetic’ ETFs and their suitability for retail investors
John Dizard: Why shale gas prices will increase
The cheap shale gas story is running out of time – the gas price has to rise if production is to keep up with the increased demand generated by coal plant shutdowns that the Environmental Protection Agency says should be effected
Stock up on guns, says risk list
The demise of capitalism is no longer one of the 15 most dangerous extreme risks investors face, but investors should prepare for the newly emerged risk of infrastructure failure
The big picture: commodity investors may be better off with shares
Buying baskets of equities exposed to other asset classes might be the best route to diversification, better liquidity and inflation protection for long-term investors, according to a recent research
Fashion for currency hedges outdated
If inflation really is a serious long-term worry, the fashion for currency hedging is dangerously misconceived, but the practice does improve measures of performance against risk on a short term basis, says John Plender