Football investors face gruelling second half
Firms that got in early enough made some quick gains, new arrivals will need to play for longer
Firms that got in early enough made some quick gains, new arrivals will need to play for longer

But it relies on a host of rosy assumptions going in investors’ favour

Instant ability to trade tempts many to make bad decisions

Portfolio management should be based more on themes such as innovation

Corporates try to take advantage of market rebounds rather than risk further turbulence or US midterm elections

As the original private equity barbarian reaches milestone, the FT interviews its founders and their successors

Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient