Markets become volatile as a result of uncertainty, something demonstrated only too clearly by recent trade negotiations between China and the US, and the spectre of an uncontrolled Brexit. The good news is that volatility and challenging economic conditions don’t spell disaster for equity investors. On the contrary, investment managers able to identify quality and value will stand the test of time—ignoring the slings and arrows of short-term market fluctuations —and produce long-term investment performance. What specific issues do investment managers face today? Technology, and the pace of technological change, is impacting all industries not just tech stocks. From consumer...