Volatile markets ( when is it isn't) a factor yes but also a general saturation in the industry with time. There's already so much of products to choose from. UK fund launches fall to 20-year low ft.com/content/6eae90… via Financial Times

‘Dark clouds’ over London’s asset managers here to stay, analysts warn cityam.com/dark-clouds-ov…

Wow ft.com/content/6656d0… via Financial Times

UK universities risk falling into deficit as foreign student numbers fall on.ft.com/3O4AvfN

🥳🥳🥳

I know this can never happen again, but - just for the kids - the Nasdaq Composite fell 78% from 2000-2002. Many stocks did worse, and countless stocks went to money heaven ("survivor bias"). It took around 15 years for the index to return to the 2000 highs. Just file this

Abrdn cuts are deep in an industry feeling the pain on.ft.com/42bF5Pj

Call him Ole Gunnar Mctominay

etfstream.com/articles/etf-i…

Is it time to talk of a different captain instead of #bruno?

It's hard for a stockpicker to beat the market when all they do is emulate the index, writes Merryn Somerset Webb trib.al/lIq054p

JUST IN: NVIDIA is now down 20% from its all-time high in March

The rise of YOLO

Should you buy expensive stocks? economist.com/finance-and-ec…

ETFs could seize half of current US mutual fund assets, says Citi ft.com/content/c096e8… via Financial Times

German bank Baader to launch ‘AI-enhanced’ active ETF ft.com/content/9fc3ed… via Financial Times

Well that was a good game

Misstiano Penaldo Even the BBC are on it.

ft.com/content/d7ac11…

RESEARCH: Bitcoin mining uses up more electricity annually than the entirety of Argentina, according to a study by Cambridge University.