Long-short funds: Long on complexity, short on returns

IF RUBE GOLDBERG had been a portfolio manager, instead of a cartoonist renowned for designing comically complicated machines for accomplishing simple tasks, he might have specialised in long-short equity funds.

ETFs woo investors into niches promising riches

EXCHANGE-TRADED funds became the next big thing in portfolio management a couple of decades ago by being cheaper and easier to trade than mutual funds.