How Much Would You Need to Retire In Your 40’s?

Reading Time: 6 minutes So look I get that no-one needs another piece debating the 4% rule. (I did write a piece doing exactly this last summer though, showing that the last decade of low rates had “broken” the 4% rule – in the UK, similar conclusions would hold in the US). The follow-up to that piece was surprising- … More How Much Would You Need to Retire In Your 40’s?

Delivering the goods or a bad taste in the mouth?

Reading Time: 3 minutes All the ingredients came together here to deliver a really tasty story: You’ve got a rare listing of a tech “darling” in London, in a climate where the UK government is desperate to “reawaken” London’s capital markets in a post-Brexit world and in a time of US-based SPACs stalking many private UK firms. Add to … More Delivering the goods or a bad taste in the mouth?

Social Conscience: The New Asset Management Competitive Advantage

Reading Time: 2 minutes They’ve done the hard work so you don’t need to. It was great to see ShareAction’s list of the top 13 shareholder resolutions to watch this AGM season – every investor or adviser should be putting this to the asset managers they work with to hear where they stand on these issues. We’re in a … More Social Conscience: The New Asset Management Competitive Advantage

Digital gold: the institutional case for Bitcoin

Reading Time: 3 minutes Look, I’ve always been pretty skecptical of Cryptocurrencies and Bitcoin. My typical argument would be that if you evaluate it against the characteristics of a typical financial asset you find that it has: no income, no claim to crytalise value and no inherent value. But perhaps that is too narrow a way of looking at … More Digital gold: the institutional case for Bitcoin

The Concept of Emerging Markets is an outdated relic, we need a new paradigm

Reading Time: 7 minutes In 1981, an enterprising economist at the World Bank named Antione Agtmael was trying to win backing for the idea of a fund investing in developing economies. He was struggling with the name, and he knew this mattered. He was stuck on “third world equity fund”, but his colleagues weren’t sure. The name “Emerging Markets” … More The Concept of Emerging Markets is an outdated relic, we need a new paradigm