What sort of funds management industry will be left?

New regulations may well be forced on various parts of the industry, which may mean higher business costs. Hopefully competition will keep those cost increases to a minimum and greater zeal by super funds and consultants will keep a lid on other cost increases.
As we are constantly being told, the crisis has provided the best investment opportunities in living memory. Now if only we could be brave enough to take them. It’s easier to wait a little while longer yet. But it probably always will be, right up until the time the opportunity is gone.

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Realities behind the SaaS sell-off

The roughly US$2 trillion ($2.8 trillion) sell-off in the global software sector since September 2025 is, while a painful drawdown for growth investors, also a timely reminder that asset owners should be more alert to stock-specific dispersion and hidden concentration risk inside portfolios, writes JANA head of research execution, Matthew Gadsden.

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