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

Now is the time for a truly bold asset allocation

How and when should you buy in and sell out of the stock market? My natural response to this age old question is to suggest that one...

For some time now I have been expecting the current global business cycle to end in 2020, with the caveat that it was almost as likely to...

The last two equity bear markets - in 2001/2 and 2008/9 - saw rolling three year returns from global equities at their trough hit -45 and...

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

Until the beginning of October last year, equity markets had generally been faring well, while bond and commodity markets reflected firm...

This month, I write about our funds’ current (tactical) asset allocation positioning in the context of my macro outlook and market views....

I think I have one of the best jobs in the world: essentially, to predict the future – the future course of, for example, inflation and...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. As it’s the...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. 2018 was looking...

October was clearly a bad month for equity markets around the world, with the MSCI AC World index falling 6.9% in local currency terms....

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Last year we...

Am I right to worry about higher inflation? Followers of our funds and my writing will know that we have been reducing risk in...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Our analysis...

The month of May saw equities on the whole continuing to recover from their February and March declines as economic data remained broadly...

As the current global business cycle matures, I thought it might be an opportune moment to revisit one of the basic but counterintuitive...

I’ve been writing quarterly articles for Trustnet over the last couple of years. The first four were on the subject of ‘investment risk’,...

My framework for tactical asset allocation is based on business cycle analysis and the documented findings that asset classes tend to...

My first piece about asset allocation set out my framework for both strategic asset allocation and tactical asset allocation, as well as...