“We are drowning in information but starved for knowledge” John Naisbitt

News & Views

Invitation to Join

I hope, like me, regular readers have enjoyed Chief Investment Officer Chris Bailey’s stimulating weekly bulletins. Sharing with investors our latest reading of global markets is a key feature of our Fund.

Investment postcard…from Beijing

As the expression goes, travel broadens the mind. This last weekend found me in Beijing, the capital of China, with a modest formal agenda but an innate curiosity to find out a little more what makes the country tick.

There are always worries…so just embrace it

What a last week. More trade angst as the war of words spills over into more tariffs, a German government that is wobbling, higher US interest rates, a confirmation from the European Central Bank that it is holding rates below zero for another year and the usual discussions about Brexit.

FAANGs bared?

Both the DJIA and S & P 500 indices are showing year-to-date losses, albeit the latter not by much, which is in itself a novelty.

Elephants can gallop

“Words are cheap. The biggest thing you can say is 'elephant' “ - Charlie Chaplin I am sometimes asked why I bother with large capitalisation shares. After all - so the theory goes - they are so large as to be impossible to really understand, additionally they are so...

Markets: living in two-way streets

April may have brought some partial relief after two grim months but if anybody was in doubt that investors are in several minds, yesterday’s price action on Wall Street should have sorted them out. The VIX volatility/fear index opened at 15.97 and closed at 16.27...