News & views

UK Department Stores – reasons to be cheerful

Recent news of profit warnings, redundancies and store closures for the UK’s major department store chains provides clear evidence that times have changed. Is the end of the department store as we know it? Will any of the major chains survive? And what makes one chain more likely to survive than another?

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?
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