This month marks the 10th anniversary of the opening rounds of the great financial crisis. Though years in the making, it was finally in June 2007, that two Bear Stearns hedge funds created to invest in sub-prime mortgages, collapsed. This triggered an attempt by many banks, such as RBS, to shore up their own capital […]
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Tag Archives: equities
What does disruption mean for investing?
June 1, 2017 
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Can a disciplined investment process deal with rapid change? Rigorous analysis of historic numbers seems at odds with disruption and a radically different future. Economic revolution seems to question the very concept of consistent growth. The process of investing may now need to adapt to involve informed guesswork on innovation and adoption of technology. Investors […]
Continue reading The Problems with MiFID
April 4, 2017 0 Comments
Years in planning and one year late, the European Union’s wide-ranging new MiFID II regulation is still going to catch-out much of the industry. Although European, it will impact global asset managers, and may herald change across the industry. No-one yet quite knows how it will work in practice. The aim – to fully and […]
Continue readingMixed signals for 2016; deflation still the global risk
January 4, 2016 0 Comments
Investors enter 2016 divided on outlook: economic signals are mixed. The global economy is out of sync; with growth in the UK and US, but a slowdown in the developing world. How should investors position for the year ahead? Investors who were under-weight in oil, mining and industrials in 2015 might be forgiven for feeling […]
Continue readingMarket bubbles everywhere; sorting them out
June 28, 2013 0 Comments
A failure to identify bubbles has been a recurring weakness of investor psychology. Most are unprepared for the crashes that eventually follow booms. Investors were caught by surprise with technology in 2000 and, more recently, with sub-prime. The risks have usually been missed by most, including regulators. But now bubbles are being spotted everywhere. Behavioural […]
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Behavioural Edge 
Will the UK Election result unnerve investors?
– Falls of 2 to 3% likely in UK domestic sectors like property, media, retail and challenger banks – FTSE 100 sectors with international earnings – pharma, oils, mining, exporters – should gain on the weaker Pound – Domestically-oriented sectors such as housebuilding and building products can benefit in coming months – A barely workable […]
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