Stephen Jones: My letter to a worried investor

Dear Worried, Thank you for writing. I'm sorry to hear that your investments are keeping you awake at night. Welcome to the life of an active fund manager. But seriously, I understand your concerns. It does seem that many of the structures and institutions upon which we all rely are being dismantled or subject to fundamental change. Whether it is the concept of free trade that we used to understand or the UK's access to the single European market, past behaviours or interactions are likely to be of diminishing use in guiding us to what we can expect in future. I hope, nonetheless, ...