The views expressed are as at the date of publication and may no longer be current.
Past performance is not a reliable indicator of future results. The value of investments, and any income generated from them, can go down as well as up; losses may be made.
Equity investment: Value of equities (e.g. shares) and equity-related investments may vary according to company profits and future prospects as well as more general market factors. In the event of a company default (e.g. bankruptcy), the owners of their equity rank last in terms of any financial payment from that company.
The content of this journal is intended for professional investors and those with a sophisticated knowledge of financial markets (e.g. financial journalists, academics etc.) and should not be relied upon by anyone else.