In the US, almost $92 billion was withdrawn from active funds last year, while passive funds attracted inflows of $156 billion. In the UK, money flowed into passive funds but more than $17 billion was pulled from active funds. Photograph: Spencer Platt/Getty Images

If you can’t beat the market, track it. That’s the stance increasingly being taken by ordinary investors who, disillusioned by fund managers’ horrific(...)

Traders  on the floor of the New York Stock Exchange. Photograph: Jewel Samad/AFP/Getty Images

Volatility, it appears, is back. After two years of remarkable calm, investor jitters have returned. It’s not simply that stocks are declining; there (...)

Under review: NYSE traders consider the stock market which sceptics say is due a serious decline. Photograph: Brendan McDermid

The bull market in US equities is now almost six years old, with stocks having more than tripled since March 2009. Might 2015 prove to be the year tha(...)

Should investors wish for a US market decline in 2015? Yes, say money managers Barry Ritoltz and Ben Carlson. Neither is bearish – rather, both(...)

Traders on the floor of the New York Stock Exchange look forward to 2015. PHOTOGRAPH: CARLO ALLEGRI/REUTERS

The dawning of a new year invariably prompts financial soul-searching, most of us resolve to learn from the mistakes of past years and finally get our(...)

Traders work on the floor of the New York Stock Exchang.  Photograph: Andrew Burton/Getty Images

Market volatility is a little like crime – people always think it’s increasing, even when the evidence suggests otherwise.“If there was one common the(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Reuters/Brendan McDermid

While “buy low, sell high” is an investing adage, others caution against trying to catch a falling knife and recommend a “buy high, sell higher” appro(...)

As 2014 ends, the buy-the-dip trade continues to work its magic.Stocks soared last week after the Federal Reserve said it would be “patient” in decidi(...)

On a high: the continued advance of equities means one influential strategist sees almost no value in the US market and precious little elsewhere.Photograph: Brendan McDermid/Reuters

The US stock market is “hideously expensive,” according to James Montier, an influential strategist with GMO, a global investment management firm bas(...)

Quindell founder Rob Terry

AIM-listed insurer Quindell’s share price collapse marks another victory for short-selling outfit Gotham City Research – and a reminder how careless i(...)