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

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...

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

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

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

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

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

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

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

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

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

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

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,...

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...

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

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

My note: this piece was written by Julian Marr and captures nicely many of my beliefs about multi-asset investing and investing more...

In the spirit of Christmas, I present in this final letter of the year some truly psychedelic charts! "I guess he’d never heard of Warren...

This is my fourth and final piece on value investing. Next year’s four will be on the topic of behavioural investing. In light of Richard...