The Evidence-Based Investor

No sales agenda. No marketing spin. Just the evidence.

Charles Payne: My 10-point plan for reforming active management

Posted by Robin Powell on March 14, 2018

We ran an interview last month with Charles Payne. Charles has worked in the UK fund management industry since the early 1980s. Over the years, it’s fair to say, he became quite disillusioned with active management. Last year a left a very senior, director-level post at Fidelity and is now self-employed. If you haven’t read […]

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Victor Haghani: Sensible investing in a nutshell

Posted by Robin Powell on March 12, 2018

Victor Haghani is a most unlikely convert to index funds. Born in New York and educated at London School of Economics, he followed his Iranian father into trading securities. He was an arbitrageur at Salomon Brothers, and then at the hedge fund company, Long Term Capital Management. Famed for its highly leveraged trading style, LTCM […]

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Introducing RockWealth — the shape of advice firms to come

Posted by Robin Powell on March 9, 2018

I’ve been tussling with a difficult issue for a while now. Do I continue as a wholly impartial blogger, totally unconnected to any financial business? Or do I work with carefully selected businesses that share my goal of improving investor outcomes? It hasn’t been an easy decision, but I’ve finally made up my mind. I’ve […]

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Is closet indexing the next big financial mis-selling scandal?

Posted by Robin Powell on March 8, 2018

Earlier this week the UK regulator, the Financial Conduct Authority, had  announced that, after an investigation into so-called closet indexing, 64 funds have been found to have issued misleading marketing material. Several fund management companies have, as a consequence, been forced to pay customers a total of £34 million in compensation. For big City of […]

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