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The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More
Peter Elston
Sep 2, 20223 min read
Extreme Hubris
Blue Whale's Steven Yiu may come to regret his decision to call publicly for 'most active managers to quit'
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Peter Elston
Apr 30, 20224 min read
Tools of the Trade
In this post I set out a classification scheme for publicly available investment funds. It is hoped this can provide those readers who ...
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Peter Elston
Jul 31, 20195 min read
Active Management and the Predictability of Markets Redux: Eugene Fama
According to Moody’s, total assets in passive funds in the US will overtake those in actively managed funds in 2021. In light of this...
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Peter Elston
Mar 1, 20194 min read
The Myths and Misunderstandings Behind Active Share
The issue of closet tracker funds charging high fees for poor performance has been a recent gripe of the Financial Conduct Authority. It...
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Peter Elston
Sep 30, 20183 min read
Active Versus Passive: is it Different for Multi-Asset?
I have noted in my investment letters that in the multi-asset space, funds tend to do better in relation to their passive equivalents...
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Peter Elston
Jul 31, 20183 min read
Some Home Truths for Investors
American author and publisher William Feather once noted, “One of the funny things about the stock market is that every time one person...
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Peter Elston
Sep 30, 20176 min read
Five Points about Active Management in the Multi-Asset Space
I was presenting a slide deck entitled ‘The Art and Science of Multi-Asset Investing’ at five venues across the country recently, as part...
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Peter Elston
Feb 1, 20161 min read
Citywire Room 101: What Bothers Me?
Investment: I have a love/hate relationship with my industry. What I love about it is the fact that, as in sport, there is no argument...
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Peter Elston
Sep 1, 20137 min read
Intelligent Investing
Intelligent investing is not necessarily easy, but that doesn’t mean it has to be complex. There are significant returns to be made if...
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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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