Economic news
UK’s ‘star’ stockpickers underperform as they fail to beat cash
Active managers such as Nick Train and Terry Smith have struggled amid the rise of passive funds and US tech stocks
Do gummy bears and cocktails count as reasonable legal costs?
JPMorgan seeks to rein in expenses related to legal action on fraud claims over a fintech start-up it acquired
How do you value a company like Nvidia?
It’s the poster child for AI, but surely its shares are too expensive now
When it comes to bond funds, which is better: passive or active?
With stocks, passive management is king — but bond funds do not work the same way
Can Venezuela settle its debts?
Nicolás Maduro’s removal has opened the door to a huge and complex debt workout