In this month’s funds article, David Stevenson goes bubble hunting, asking whether we should worry more about deflation than inflation, and go full-on contrarian, digging into Chinese technology ETFs. Is there an earnings Bubble? Be under no illusions; what we’re seeing at the moment in the equity markets is no bubble, in the classic sense

David Stevenson examines how the UK takeover boom is creating opportunities for active fund managers, makes the contrarian case for gold and gold miners, and considers a potentially undervalued renewable energy wind-down. The monthly funds focus looks at how the UK market is experiencing peak M&A activity, how this is helping mid- to small-cap opportunistic