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No such thing as a free lunch!

Posted on Wednesday, July 21, 2010

When looking at funds, what makes me most nervous is when risk and reward appear to be out of line.

We have been invited to consider a fund recently that provides a 7% annual income, which will rise with inflation. This is a pretty decent return. If you assume inflation is 2.5% per annum, this means that next year the fund could yield around 7.1%, the following year 7.3% etc.

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Budget Response

Posted on Wednesday, June 23, 2010

Yesterday’s budget contained very few shocks.

 

Market reaction was virtually zero. Gilts barely moved whilst sterling rose very slightly. The stockmarket did virtually nothing, although bank shares rose slightly as the proposed bank levy was lower than many thought.

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All roads lead to China

Posted on Thursday, May 27, 2010

Within the investment team we have all noticed a trend of fund managers pushing their fund by telling us how it will benefit from the fantastic growth enjoyed by China. ... >> Comments (0)

Crash or correction?

Posted on Wednesday, May 26, 2010

What’s the difference between a crash and a correction? Answer: 5 letters and 15%.

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A weaker Euro, a stronger Germany?

Posted on Friday, May 21, 2010

Despite the so called “shock and awe” plan to solve the European debt crisis, markets remain jittery.

The initial response to the European plan was very favourable, as Europe presented a united front to keep the smaller Eurozone countries solvent.

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M&S - The End of an Era!

Posted on Monday, May 17, 2010

M&S has certainly come a long way of late and have now taken the unprecedented step of stocking other peoples produce!

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Active asset allocation

Posted on Thursday, April 29, 2010

If academic studies are to be believed, most investors spend most of their time researching entirely the wrong thing.

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A fair election?

Posted on Friday, April 23, 2010

From a quick glance at recent opinion polls, you would think all three major parties have a chance of winning the upcoming election.

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All that glitters is not Goldman..

Posted on Monday, April 19, 2010

The recent news that the SEC (Securities and Exchange Commission) in the US is to sue Goldman Sachs could be just the start.

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Trust and Volatility

Posted on Thursday, February 04, 2010

We are often asked why it is we prefer Unit Trusts over Investment Trusts when Investment Trusts are often seen as low cost alternatives. The answer comes down to risk.

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