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IN THIS ISSUE
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DEATH OF THE HIGH STREET Rebecca Jones says the long-term decline of traditional retail doesn ’ t make it a no-go area for investors P . 2-5 / AIM FOR THE STARS James Henderson believes the AIM index contains the next generation of UK companies that could drive the economy for years to come P . 6-7 / PRICE AND PREJUDICE There are signs the out-of-favour value strategy is coming back into fashion , writes Cherry Reynard P . 8-10 / REGARDS FROM SHANGHAI Scottish Mortgage Investment Trust ’ s James Anderson says Alibaba represents the future of retail P . 12-13 / FOLLOWING AMAZON Anthony Luzio seeks out the best way to tap the e-commerce boom P . 14-16 / FUND , PENSION , TRUST Polar Capital UK Absolute Equity , F & C Responsible Income and Capital Gearing Trust find themselves under the spotlight this month P . 18-20 / MISSED THE BOAT ? Anyone who thinks Brexit worries have created a value opportunity in UK small caps may be a year too late , warns Adam Lewis P . 22-26 / KEEP IT GROWING The notion of de-risking your pension pot as you approach retirement may have had its day , writes John Blowers P . 28-31 / WELL-OILED Miton ’ s Gervais Williams names three oil producers set to benefit from the commodity ’ s price recovery P . 32 / WHAT I BOUGHT LAST MitonOptimal ’ s Paul Warner says Montanaro UK Income is suitable for the group ’ s SRI portfolios even though it isn ’ t marketed for this purpose P . 33