Gosling's Grouse

Final column for Investment Week

Investment is a balance between cost and return

Case of two advisers

The multi-manager structure as we know it today - free of capital gains tax (CGT) for the buying and selling of funds within the wrapper and free of VAT - is 50 years old next year.

'In danger of shooting itself in the foot'

Has it improved the industry?

Part of competition review

It would be fair to say the industry has been very successful at creating products that are good at accumulating wealth for clients.

Critics of active investing had a field day recently when the FCA announced a group of investors were getting £34m in 'compensation' from so-called closet tracker funds.

'No such thing as easy money'