Passive investing wins again

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of A Random Walk Down Wall Street           The results are in: this time is not different. Indexing remains the optimal investment strategy. Every year S&P Global Ratings publishes reports comparing … Read more

South-east Asian markets roiled as investors turn to China

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global investors are pulling their money out of south-east Asia as concerns mount over the region’s largest economies and many traders rotate back into Chinese equities. Indonesia and Thailand, the region’s two biggest economies, have … Read more

Turkey spends record $12bn defending lira after Erdoğan rival’s arrest

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey’s central bank burnt through almost $12bn defending the lira in a record intervention after President Recep Tayyip Erdoğan’s detention of his political rival triggered a political crisis that scared investors and sent the currency … Read more

The dizzying shifts in the global economic narrative

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Flick through sell-side research notes from the end of last year and you’ll find plenty of analysts crowing about “US exceptionalism”, China’s “uninvestability” and Europe’s dull stock markets. In the two months since President Donald … Read more