This week’s AI sell-off will leave many passive investors nursing big losses. Investment specialist Michael Cumberlidge argues shocks like these reinforce the benefits of active management.

The 1970s is a good time to be nostalgic about, says head of multi-asset investments David Coombs. But you don’t want to relive it: the reality wasn’t as fun as the legendary music would have you believe.

“One man’s rubbish is another man’s treasure” takes on a more literal meaning for the waste industry that’s responsible for dealing with our throw-away culture. If you rummage through your own cast-offs, it’s easy to spot the obvious treasure: materials like plastic, glass and cardboard which can be collected, sorted, and resold at a profit to companies who can recycle and reuse them in their products and packaging.