Trading
- BusinessAOL
The unlamented decline of the hedge-fund manager
For much of the last 15 years, it was hard to look at any rich list without seeing some young hedge-fund manager who had made themselves a few hundred million by trading in some exotic instrument that few of us had ever heard of. For most young
4-min read - BusinessAOL
A 5-step strategy for investing outperformance
Nothing is certain in the world of investing, but I know my chances of success are much greater if I stick to an investment strategy.A very personal fitOver the last decade, I've tried most approaches to investing and read many books on the
4-min read - BusinessAOL
Harsh lessons for China after dramatic week
The Dow lost 588 points on Monday. The rich made money on the way up. Now, they're giving it back – about $250bn-worth in the last two trading days. Shanghai stocks sank another 8% on Monday, too, and a desperate plea came in from
5-min read - BusinessAOL
How much worse can it get for gold?
Gold hit five-year lows on Monday. Just when you thought it couldn't get much worse, it has. Today we consider the two big events of the past week and we ask: "What next?" Annihilation in New York, shenanigans in Shanghai In
7-min read - BusinessAOL
Barclays in currency trading probe
Barclays revealed it had been drawn into a worldwide investigation into alleged manipulation of currency rates as it reported profits from its investment banking arm fell by half in the third quarter. It said a number of regulatory and
- BusinessAOL
US bank fined £572m over scandal
US investment bank JP Morgan Chase has been fined 920 million US dollars (£572 million) by regulators for "serious failings" over the London Whale trading scandal. The high-risk trading scandal last year triggered 6.2 billion US dollars
- BusinessAOL
US venture costs Tesco £1.2 billion
Supermarket giant Tesco has revealed a £1.2 billion hit from its failed foray in America, as annual profits more than halved after a difficult year. The group confirmed plans to pull its Fresh & Easy business in the US and reported