Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hindsight is always in high definition for investors. That sense of clarity will be uncomfortable for anyone who has unwittingly invested in the bond market in recent years. Yields have soared — they are at 15-year highs for gilts — and capital values have tumbled.This is particularly jarring for savers with defined contribution pension schemes. Savings companies may, in some cases, have transferred their nest eggs into bonds at the worst possible...
A partisan squabble over the merits of environment, social and governance (ESG) performance disclosures and their consideration in investment decisions...