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  • If last year’s economic predictions were far too optimistic then I suppose we can draw some comfort from the fact that this year’s commentaries seem universally depressing.

  • The growth of “absolute return” funds over the past few years can in part be put down to their optimistic title as well as some fortunate timing with unsettled equity markets.

  • With all the reluctance of an ancient creaking door, the old secret banking vaults around the globe are slowly being prised open. One does not have to go too far back to remember the traditional attitude to banking privacy.

  • Last month certainly sent a shudder through many, investors when the dreadful sales figures from some retailers and builders rammed home the effect of what has been developing over the past few months

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