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The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More
Peter Elston
Sep 1, 20134 min read
Learning the language: Terms and Taxonomy of Multi-Asset Funds
Just like in any industry, the world of investing has its own particular terminology and taxonomy. Nowhere is this more apparent than in...
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Peter Elston
Sep 1, 20137 min read
Intelligent Investing
Intelligent investing is not necessarily easy, but that doesn’t mean it has to be complex. There are significant returns to be made if...
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Peter Elston
Sep 1, 20138 min read
Multi-Asset Funds: The Great All-Rounders
In this article I take us a step further and show how to choose a multi-asset fund, explain the importance of asset allocation, and look...
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Peter Elston
Jul 1, 20134 min read
The Evolution of Multi-Asset Funds
To understand why multi-asset funds have evolved it is vital to understand two key things about traditional balanced funds: first, how...
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Peter Elston
Jul 1, 20137 min read
Back to Basics: The Foundations of Multi-Asset Investing
The concept of multi-asset investing is not new, based as it is on allocating across various asset classes, such as equities, fixed...
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Peter Elston
Jul 1, 20138 min read
Make Your Move with Multi-Asset Investing
The concept of multi-asset investing has existed for many years, and many investors hold multi-asset funds in their retirement portfolio....
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Peter Elston
May 1, 20135 min read
10 Golden Rules of Equity Investing
"A balance sheet is like a backbone" Treatment of minority shareholders When considering a company, the first question you need answered...
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Peter Elston
Mar 1, 20133 min read
Government Bonds: A Game of Chicken?
Over Chinese New Year I went trekking in Nepal. On the long drive to the starting point we were held up at a roadblock by villagers who...
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Peter Elston
Jan 1, 20134 min read
Skilled Managers do Exist
John Authers asserts (“Quest for test of investment skill persists”, January 11) that nobody can tell which “investors are more skilled...
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Peter Elston
Feb 28, 20122 min read
Reuters: Firms With Global Parents a Better Bet - Study
From Reuters My note: The observation the EM affiliates outperform was that Hugh Young and his team at Aberdeen had been aware of for...
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Peter Elston
Feb 17, 20123 min read
FT: EM Affiliates Outperform Their Multinational Parents, says Yale Professor
From The FT My note: The observation the EM affiliates outperform was that Hugh Young and his team at Aberdeen had been aware of for...
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Peter Elston
Feb 1, 20123 min read
Affiliates Offer Way into Emerging Markets
Some domestic US fund managers argue that investors need not bother with emerging markets: they can obtain exposure to emerging market...
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Peter Elston
Aug 31, 20112 min read
Why I’m Not Investing in Chinese Banks
As creators of credit, banks are in a very privileged position. To create a loan, the equivalent of making a sale for other companies,...
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Peter Elston
Apr 30, 20112 min read
Why Thailand’s Star is Rising
In spite of its troubled past - or perhaps because of it - Thailand has always been considered the quintessential emerging market. In the...
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Peter Elston
Feb 1, 20114 min read
Making the Most of an Investment Edge
Whether in skill games like Poker or luck games like Blackjack, repeatable success requires tilting the odds in your favour, then betting...
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Peter Elston
Jan 1, 20112 min read
Asia Pacific Outlook
2010 was notable, given continued weakness in most of the developed world, for the strong performance of many regional economies. More...
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Peter Elston
Dec 1, 20104 min read
A Bit of Maths Will Help Clarify Fund Fee Picture
How should you judge whether a fund’s fees are worth paying? This can be a very hard question to answer in an industry where the...
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Peter Elston
Aug 31, 20104 min read
Study Finds Good Predictor of Fund Performance
Is it possible to find a simple measure that identifies skilful active managers and thus funds that will produce good returns?...
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Peter Elston
Apr 30, 20103 min read
Don’t Tar All Actives With the Same Brush
The active versus passive management debate is intensifying. In FTfm the two sides have traded increasingly hostile blows, with the most...
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Peter Elston
Mar 1, 20104 min read
Export Drive
During his state of the Union address President Obama pledged to double Americas exports over the next five years, precisely the strategy...
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Where's My Cycle?
An update on where I think we are in the business cycle with respect to growth, inflation and markets
Correlation or causation?
Data is too often presented in an unfair, unclear and misleading way
Dear John
Liontrust's John Husselbee's arguments in support of balanced funds are lame
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