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From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. I’m thinking...

I was fortunate to have spent twenty or so years working in Asia. It has been – and continues to be – the highest growth region in the...

As I write this Donald Trump has just been declared president and I congratulate him on playing a blinder of a hand. Let’s hope he can...

Here’s an interesting question: do the low or negative long-term real interest rates that prevail around the world signify a bleak...

High wealth inequality is being increasingly cited as one of the main causes of the structurally lower growth that much of the world,...

At Seneca we have a five-year investment time horizon so our views don’t tend to change very often. I have little doubt that when I write...

Having written about secular stagnation and the natural rate of interest in my August letter, it was interesting to see San Francisco Fed...

So far in this series of quarterly blog posts on the subject of investment risk, I have covered risk in general, the risks of equities...

For savers, the combination of lower investment returns and rising longevity is a toxic combination. In days gone by one may have only...

I have a proposal for the British government. It’s not complicated: sell vast quantities of 50-year debt and buy vast quantities of UK...

One of the most interesting features of global financial markets over the last 20 years has been the inexorable decline in long-term real...

While it is far from clear what its long term impact will be, Britain’s vote to leave the EU has shone a light on the growth problems in...

Since the referendum, our funds have slipped down the peer group rankings. This does not mean that their absolute performance has been...

There is much that can be written about the referendum result. Indeed, much already has been. I shall try to keep this simple and focus...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. My attention was...

Sales per share is often an interesting indicator to look at. Charts 6 and 7 below do just that, the first by geography and the second by...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. First it was...