Anyone investing in private equity now is making a bet that the business cycle has been abolished. Caveat emptor.

Too few fund managers are paid to make asset allocation bets. That creates opportunities for those that do.

Reports of the death of analysis have been greatly exaggerated. Time and again, analysts are proving their worth in league tables and through innovation and bespoke research. But ‘me-too’ forecasting is a hard habit to break.

Is the single-minded pursuit of alpha as smart a strategy as conventional wisdom would suggest?

What does Merrill Lynch’s $9.8 billion BlackRock deal mean for the European asset management industry?

Acquired asset managers often fail to fulfil their promise, as Deutsche Bank has found more than once. But Deutsche’s parachuting of Axel Schwarzer into US firm DWS Scudder looks set to be a success story.

Risk is pervasive but arguably no more so in emerging markets than elsewhere. And returns there at least take account of it and add a bit extra, says Euromoney’s new fund management columnist.