The party's over

This column has often focused on metaphorical storm clouds particularly for the buy side, and despite my best intentions to be marginally more upbeat for the New Year, this one is, alas, no different.

The latest news of pending challenges to confront fund managers comes in the form of a white paper recently published by investment bank Putnam Lovell, After the Belle Époque: The future of fund management, which discusses two trends that will, if they pan out, heavily impact how managers - and

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