Investment Intelligence

I regularly attend investment seminars for IFAs run by Invesco Perpetual called “Investment Intelligence.” In a presentation last week the speaker reviewed the global economy and markets and addressed the issue of the US Federal Reserve unwinding its Quantitative Easing or QE programme. As you are aware central banks in the USA, UK, EU and Japan have undertaken considerable asset …

Eeyore Gets Onto The Dance Floor

Following a house and home office move just over a month ago I am slowly surfacing from the many distractions and I am starting to think about investment again. The equity sell-off I expected hasn’t materialised and so it was with interest I read an upbeat assessment for global and UK equities in a trade magazine by Trevor Greetham of …

Barometer of the Global Economy & Eeyore’s Favourite Food

Over Easter I read an excellent article written by Pictet Asset Management. This boutique investment house run a number of specialist funds such as the Pictet Water and Pictet Clean Energy but also manage a very good multi-asset portfolio that I have recommended to a number of clients. Pictet are strong advocates of the view that getting the asset allocation …

Have Your Investments Been Trumped?

Probably not or not yet! I have never received so many invitations to hastily arranged webinars by investment companies as I did on Wednesday morning after the US presidential election. In addition I was also bombarded by numerous commentaries and opinions by fund managers. So what are my thoughts on how a Trump presidency will impact the global economy and …

Word on the Street

As I have gone about my business in the last month or so I have been picking up a consistent consensus view from fund managers. The figurative word on the street is that the global equity sell-off at the start of the year was an over-reaction, something which I thought at the time. Investor sentiment is clearly more volatile than …

A View of the Global Economy

I recently sat an online training module offered by Invesco Perpetual on the outlook for the global economy. It was a thorough and interesting analysis and I thought you may benefit from various observations I gleaned as you think about your own investments. Chief Economist, John Greenwood, who I have previously referred to as the sage of Henley re-iterated his …

Roller Coasters & Defensive Back Fours

Yesterday the FTSE 100 fell to its lowest level since August 2012. The sharp global stock market falls in the last six months have been attributed to fears of slowing economic growth in China. However China has had a side-kick to gang up on stock markets – the falling oil price.  A clear linkage exists between the two. Both are …

Fragile China, Fragile Global Economy

Given the turbulence on global stockmarkets this week I thought it would be appropriate to write with my comments. It is often said when the US sneezes the world catches a cold. This mantle has clearly passed to China or at least it is now shared by her. In one sense the sharp sell-off in China at the start of …

Looking Forward to 2016

What will be key economic and investment themes going into 2016? In this blog post I highlight a number of points made by Schroders’ Senior European Economist and Strategist, Azad Zangana, made in a webinar I attended earlier this week. His analysis was one I broadly concur with. Zangana suggested four economic issues could be significant in 2016: Dollar strength …

Standard Advice, Better Than Standard

This is a brief article given I wrote an investment blog post just a few days ago. Standard Life Investments (SLI) are a respected investment company, unusually so for an asset manager borne out of a traditional life assurance company. They have particular expertise in managing UK equities including smaller companies. Each quarter SLI publish a detailed market report. In …