It is a mistake to focus on mark-to-market calculations rather than forward profitability
US budget deficit may mean yields stay higher for longer
Investors risk missing out if they don’t take full advantage in fixed income
Modest rate cuts would be justified in this scenario, says US investment giant
The cash debate is a perfect example of where advisers deliver value to clients. The question of ‘should I invest in cash?' is not straightforward, but for the longer-term saver, all the data points to investing being the best option for many.
With passive funds often the preferred vehicle to gain exposure to short dated credit, we outline the pitfalls associated with this approach and highlight some of the under-appreciated benefits of being active in this space
Some strategic bond funds are more effective than others
Read Vanguard's latest monthly summary of flows in the European ETF market
We remain cautious despite a better-than-expected first-quarter earnings season
Our latest research shows that, for most investors, their best chance of maximising returns over the long term lies in minimising costs by investing in low-cost index funds and ETFs that track their market benchmarks