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Despite the dampening effect of rampant inflation on stock markets, active fund managers who focus on business fundamentals relative to valuations can continue to generate market-beating returns for investors, says Old Mutual Multi-Managers.
The past week India marked the 75th anniversary of independence from Britain. Today it is the world’s second largest country by population, only behind China, and home to a staggering 1.38 billion people. India is set to overtake its northern neighbour within a few years as China’s population growth has stalled and its demographic profile distorted by the 1980 to 2016 one-child policy.
The importance of saving and investing from a young age cannot be emphasised enough, yet people are scared to start saving or investing – if not leave it to later in life, which is not always the best option.
The strongest deterrent against FSP compliance missteps is or should be: