Inside the Federal Reserve  in Washington. Photograph:  EPA/SHAWN THEW

Anxiety regarding Federal Reserve plans caused stocks to retreat last week – or so we’re told. The Fed recently left rates unchanged and signalled two(...)

Up and down: investment consultants admit past performance continues to be the most important criterion for selecting managers. Photograph: Michael Nagle/Bloomberg

It’s hard to imagine an investment world where the best-performing managers were fired and replaced by the poorest performers. Such a scenario would s(...)

Traders work on the floor of the New York Stock Exchange. Photograph: REUTERS/Lucas Jackson

Stocks propped up by buybacks binge The US bull market is looking dangerously dependent on corporate buybacks. Although the S&P 500 has soared, i(...)

Limiting the downside doesn’t mean investors can’t enjoy decent upside, according to David Conlon of Merrion Investment Managers

Like hedge funds, absolute return funds aim to protect investors from the serious downside associated with difficult market environments. But limiting(...)

A bronze “Charging Bull” statue in New York’s financial district. Photograph:  REUTERS/Brendan McDermid

Tired bull market turns seven The US bull market celebrated its seventh birthday last week, but there’s precious little exuberance surrounding history(...)

A specialist trader works at his post on the floor of the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

In the long run, it’s difficult to find a better investment than equities, but as Keynes famously said, in the long run we are all dead. How long, the(...)

London Stock Exchange: British stocks look cheap, says JP Morgan.  Photograph: Leon Neal/AFP/Getty Images

Emerging market woes and the possibility of Brexit have caused much angst of late, but a variety of high-profile strategists have also been urging inv(...)

Republican presidential candidate and businessman Donald Trump. Photograph: AP Photo/Carlos Osorio

Market rally continues to broaden After a torrid start to 2016, global equities have bounced nicely, recouping more than half this year’s losses since(...)

A specialist trader works at his post on the floor of the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

Are emerging markets the trade of the decade? Emerging markets are stuck in bear market territory and have endured years of underperformance, but they(...)

Rain storm outside the New York Stock Exchange: declines are part of investing in stocks. Photograph: Michael Nagle/Bloomberg

It’s easy to feel a bit foolish during a bear market, especially when the “I told you so” brigade point out how you could have protected your portfoli(...)