Author

Back to school – who gets the best grades?

Assume you are the global portfolio manager of the Sector Hindsight Fund. This allows you to make decisions with knowledge about equity sector performance with hindsight, but not stocks within the sectors. The pedantic client base would expect you to

More »

Precise Risk in Imprecise Markets

There are probably few things more certain to glaze the eyes of investors than discussing risk-adjusted returns or efficient frontiers, never mind Sharpe ratios and the like. To be transparent, how many within the industry really focus on these statistics

More »

Get your income fix

Listed infrastructure represents what is both great and frustrating in investment funds. The domain is largely captured by private investors and their representatives, as institutional pension funds prefer the benign pricing that unlisted assets offer. Infrastructure is arguably the equity

More »

The failure of fancy strategies

While one can fret about the relative performance of equity and fixed income funds, the frustration with those that have underperformed is directed at their evident style bias.

More »

Private space to public face

Though no longer a new theme, non-bank lending requires a refresher. Everyone is by now aware of the limitations of bank finance and therefore the provision of alternative capital. The reality of this shift in credit to the private sector

More »

The FAANGs of fixed interest

Consider the process by which a security or investment is priced. Separately, if it has similar fundamental underpinnings to the core part of portfolio, typically listed equity.

More »

Gaps in ESG investing

Most fund managers or asset owners you may question to about ESG have probably stated that they are a signatory of the UN PRI at the very beginning of the conversation. Most likely, this would be mentioned as evidence of their broader commitment to ESG investing.

More »

Inflation: From simmering to a boil

Inflation is an age demographic phenomenon; ask anyone with a vintage pre 1980s’ versus the younger set. To a lesser extent is inequality. The case for the former is growing, and notably too the number of investment groups that are

More »

Get your income fix

Listed infrastructure represents what is both great and frustrating in investment funds. The domain is largely captured by

More »

The failure of fancy strategies

While one can fret about the relative performance of equity and fixed income funds, the frustration with those that have underperformed is directed at their evident style bias.

More »

The FAANGs of fixed interest

Consider the process by which a security or investment is priced. Separately, if it has similar fundamental underpinnings to the core part of portfolio, typically listed equity.

More »

Gaps in ESG investing

Most fund managers or asset owners you may question to about ESG have probably stated that they are a signatory of the UN PRI at the very beginning of the conversation. Most likely, this would be mentioned as evidence of their broader commitment to ESG investing.

More »