Investing

Whether in skill games like poker or luck games like blackjack, repeatable success requires tilting the odds in your favour, then betting...

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

I occasionally like to ask people if they are in denial about something or other. If they say ‘no’, I smile. Then, when they see the...

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

Just before the 1929 Wall Street crash, celebrated Yale economist Irving Fisher claimed that the stock market had reached “a permanently...

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

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

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

The issue of closet tracker funds charging high fees for poor performance has been a recent gripe of the Financial Conduct Authority. It...

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

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...

I have noted in my investment letters that in the multi-asset space, funds tend to do better in relation to their passive equivalents...

Equity markets were generally strong in July, as investors appeared to shrug off fears of a global trade war. US and Eurozone equities...

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

I am not exactly sure how I have ended up as a chief investment officer. Looking forward at the investment landscape, I generally only...

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

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...

The fund industry is not like other industries. With most consumer products, you know what you are getting. Furthermore, if they break,...

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....

Behaviour is everything. Our collective behaviour determines whether we as societies or as a race are creating or destroying. From time...

American author and publisher William Feather once noted, “One of the funny things about the stock market is that every time one person...

Remember cryptocurrencies? Actually, that is a little unfair as they are still popular and thus still have much further to fall. Bitcoin...

When you make a decision to buy something, whether a stock, a fund, an ETF or a passive fund, you impose on yourself a second decision,...

Having now written two series of articles exclusively for Trustnet on the subjects of ‘investment risk’ and ‘value investing’, I now turn...