Stop monkeying around!

In the world of investment management there is an idea that blindfolded monkeys throwing darts at pages of sharelistings can select portfolios that will do just as well, if not better, than both the market and the average portfolio constructed by professional asset managers. If this is true, why might it be the case?

Draft Finance Bill measures

The Government has today issued for consultation draft legislation intended for inclusion in the Finance Bill to be introduced later this year, after the Autumn Budget. This extends to 226 pages of legislation and 143 pages of explanatory notes.