Asset allocation is at least as important as individual share selection. So where should you be putting your money? Here’s our monthly take on the major asset classes.
A crash looms
The red-hot UK housing market finally seems to be cooling. Prices are still up by 11% on last year, according to Nationwide data. But a timelier survey by property website Hometrack suggests UK-wide prices barely rose in August, while those in London were flat. Properties are spending longer on the market, and the percentage of the asking price achieved has fallen from 99.2% to 96.4% in [...]