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


US Election – a Dangerous Distraction
As I write this Donald Trump has just been declared president and I congratulate him on playing a blinder of a hand. Let’s hope he can...
Peter Elston
Nov 1, 20164 min read
2
0


Citywire Investment Committee No.1
At Seneca we have a five-year investment time horizon so our views don’t tend to change very often. I have little doubt that when I write...
Peter Elston
Oct 1, 20163 min read
3
0


A Proposal for the British Government
I have a proposal for the British government. It’s not complicated: sell vast quantities of 50-year debt and buy vast quantities of UK...
Peter Elston
Aug 1, 20163 min read
3
0


Navigating a Low Growth World
While it is far from clear what its long term impact will be, Britain’s vote to leave the EU has shone a light on the growth problems in...
Peter Elston
Jul 31, 20164 min read
2
0


Fund Performance Following the Brexit Vote
Since the referendum, our funds have slipped down the peer group rankings. This does not mean that their absolute performance has been...
Peter Elston
Jul 1, 20165 min read
4
0


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...
Peter Elston
Jun 1, 20165 min read
3
0


Pub Club: Peter Elston, Seneca Investment Managers
The below article was published in Citywire on 19 May 2016 by Ted Monrow ‘Prediction is very difficult, especially if it’s about the...
Peter Elston
May 19, 20163 min read
4
0


What is the Best Diversification Strategy in Uncertain Times?
It is a tricky question, because safe-haven assets such as developed market government bonds are expensive, so owning them relies on them...
Peter Elston
May 1, 20161 min read
5
0


Introduction of New Investment Process – One Year On
From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Our new...
Peter Elston
May 1, 20169 min read
6
0


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
bottom of page