“Our dream investment is in an “economic compounder” but at a market valuation materially below
our estimate of its intrinsic value and
true worth.”
16 Sep 2024
10 Sep 2024
Monthly Viewpoint – Aug 2024
The only questions on investors’ minds are whether the first cut in September will be 25bps or 50 bps and the subsequent pace of cuts
9 Sep 2024
To exclude or not to exclude? That is the question.
“Exclusions and sustainable investing
doesn’t just mean saving the planet or driving positive change, but also
makes investment sense which can lead to better returns.”
2 Sep 2024
Is there still value in Value?
“Overreliance on narrow definitions of value should be cautioned, but after its tough slog, value’s next innings
might be one of its finest to come”
20 Aug 2024
Monthly Viewpoint – July 2024
We recognise the risks coming from geopolitics and US politics, and the increased uncertainty around economic growth. But markets have adjusted rapidly to the changed narrative
19 Aug 2024
More bang for your buck
“The dilemma for the Fed and investors
is that the next Federal Open Markets Committee meeting is five weeks away, a lifetime for an impatient and at times volatile market.”
12 Aug 2024
Delicate China
“China’s high savings rate could support a swift recovery in luxury spending if consumer confidence rebounds.”
5 Aug 2024
Interest rate cycles and their impact on asset returns
“It must be remembered that all interest rate cycles are different, and history is notoriously unreliable in financial forecasting!”
29 Jul 2024
The art and science of investment: Why process matters
“A well defined investment process is crucial for managing the behavioural aspects of investing”
22 Jul 2024
What do replacement costs tell us about the outlook for global listed property?
“Higher rental growth is a necessary condition for one to start constructing a bullish case for property, rather than a nice to have”
