There are a host of reasons why the vast majority of funds are destined to continue their underperformance in the coming decades. Photograph: Brendan McDermid/Reuters

The aim of actively-managed funds is to beat the stock market, but precious few manage to do so. This simple fact of life is perplexing to ordinary in(...)

A replica of an old oil pump outside the headquarters of Petrobras in Rio de Janeiro, Brazil. The state-run company is facing a growing scandal over its $1.2 billion purchase of a refinery in Texas. Photograph: Dado Galdieri/Bloomberg

No company has embodied Brazil’s rise like the oil giant Petrobras. Bolstered by some of this century’s largest oil discoveries, Petrobras soar(...)

Simon Clark, managing partner of Fidelity Growth Partners, who was in Belfast for InterTradeIreland’s 13th annual Venture Capital Conference

Simon Clark has come to Belfast with his “cheque book” he says – and when Clark is brandishing his cheque book it means he may be getting ready(...)

Pinterest, which allows users to create online bulletin boards, has nearly 50 million users globally, according to consultancy comScore

Pinterest raised more than $400 million in venture capital funding last year, placing it ahead of other leading technology firms, according to (...)

 Men’s Wearhouse  store on 6th Avenue in New York.  Men’s Wearhouse shares rose nearly 3 per cent. Photographer: Craig Warga/Bloomberg

Men’s Wearhouse mounted a hostile $1.61 billion bid for Jos. A. Bank Clothiers in an attempt to break the resistance of its smaller rival and pacify i(...)

Elm Park: Swiss drug company Novartis agreed to take 7,900sq m in Dublin 4

This was the year the recovery began in prime Dublin office rents and capital values, according to estate agents. A dearth of fresh construction, comb(...)

The indication by the US Federal Reserve that it was considering a reduction in the rate at which it would expand its balance sheet had a dramatic effect on emerging economies

The most sobering lesson of the global financial crisis was that developments expected to increase resilience – the “originate and distribute” model o(...)

Neil Woodford:  to leave Invesco next April  to start his own business after a 25-year career that has given him an almost cult following among British investors.

Neil Woodford, one of the investment industry’s most closely watched fund managers, will leave Invesco Perpetual to start his own business after a 25-(...)

If you’re fed up with earning returns of not much more than 2 per cent in a savings account and are ready to take a chance and plunge back into riskie(...)

The financial services giant Fidelity Investments is to lease a substantial new office block at the front of the Citywest Business Campus in we(...)