archivefunds

In 1975, the financial industry witnessed the introduction of the first money market fund, and a year later the first equity index fund became available to retail investors.These groundbreaking offerings provided individuals with access to diversified portfolios and stable, liquid investments, revolutionizing how everyday people could save and invest their money.Then, in 1986, the introduction of the industry's first bond fund marked a significant step forward for DIY investors. Prior to this innovation, individuals looking to invest in bonds were typically reliant on financial advisors or had to navigate the...

St James’s Place faces a short-term revenue and profit drop, says GergelPolitically boring UK is good for investorsMid-cap valuations look especially attractive Many investors will be familiar with the concept of sunk-cost fallacy, holding on to an asset because of how much money you invested in it in the past, not because of how well you believe it is going to perform in the future. Private investors and professional fund managers alike need a rigorous approach if they want to steer clear of this common mistake.Simon Gergel, portfolio manager of...