Star Fidelity stockpicker William Danoff to retire
Investor helped turn the Contrafund into one of the world’s biggest actively managed mutual funds
Investor helped turn the Contrafund into one of the world’s biggest actively managed mutual funds

A vast distribution network helped the asset manager navigate the shift to passive investing, but new challenges are looming

Deals in which investors sell holdings in ageing funds set to hit $110bn

And the prospects for a Hassett-led Fed

High-frequency market makers are seeking new avenues for growth as competition rises

Some investors reduce positions or buy protection for their portfolios amid concerns over valuations

Portfolios holding precious metals performed well in last year’s rollercoaster market