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

News & Views

US Equities: very valuable but perhaps not enough value

Last week’s Economic Insights (August is a Wicked Month) described how most equity markets were struggling, Gold was drooping, crypto and many fiat currencies were on the floor while US equities and the dollar powered on. Siren voices every year tell US investors to...

August is a Wicked Month

It is 53 years since Edna O’Brien published her harrowing novel ‘August is a Wicked Month’ and I have borrowed the title several times over the years. As this month claims more and more casualties it seems appropriate to do so again. My colleague Chris Bailey, CIO of...

The three Ts: Turkey, Tesla… and turmoil

‘The best thinking has been done in solitude. The worst has been done in turmoil’ - Thomas A. Edison Mention of ‘Turkey’ in the summer is typically centred around a summer holiday or some unseasonal longing for a Christmas meal.  In the last week or so, however,...

As one quarter finishes…

A new quarter starts…and a new pessimism starts? Early equity market moves on first July were generally down driven by further twists and issues in the Brexit, world trade and German domestic political angst debates.

The World Cup and financial markets

‘The World Cup is not just a great global sporting event, it is also inscribed with much deeper cultural and political importance’ - Martin Jacques Whilst the world’s trade and diplomatic issues appear to be multiplying - and continuing to impact financial markets -...

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.