How did fund managers end up controlling so much of the essential services on which we rely, from water to electricity and property? Who gave them the money? And does it matter that they do? Neil and Jonathan talk to author Brett Christophers, whose new book Our Lives in Their Portfolios argues that the giant funds that dominate the landscape are driven by terrible incentives - and that's why they are running our infrastructure into the ground.

Presented by Jonathan Ford and Neil Collins.

With Brett Christophers.

Produced and edited by Nick Hilton for Podot.

Hosted on Acast. See acast.com/privacy for more information.

Five years on from the Covid pandemic