Peter ElstonJun 1, 20193 minMarketsWhy I'm Most Negative on USThe 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...
Peter ElstonJun 1, 20162 minStrategic Asset Allocation (SAA) ReviewWe have just concluded our annual review of our funds’ strategic asset allocations. We have made some small changes to the underlying...
Peter ElstonMay 1, 20161 minOur Current Exposure to the USOur exposure to US equities has been fairly light for some time, a position that on the face of it hasn’t worked for us. US equities are...