The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

Feb 1, 20223 min read

Growing Pains

I remember feeling extremely honoured when I was invited four years ago to write this column. It seemed to me to be a great opportunity.

Nov 1, 20183 min read

Will an Algorithm Replace Me?

I was presenting at a multi-asset investing conference recently and during the Q&A was asked, “Will you be replaced by an ‘algo’?” My...

Mar 31, 20176 min read

Is a Computer Going to Steal my Job as a Fund Manager?

Question: what is significant about the dates February 1996, October 2015 and January 2017? Answer: these were the dates on which, for...

May 31, 20165 min read

Active Management and the Problem with “Passive”

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

Jul 31, 20074 min read

Why There’s No Market Turmoil on Vulcan

It is hard to think of something to say about the recent upheaval in world financial markets that hasn't already been said either this...

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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