An attempt to unearth the impact of advancing artificial intelligence on investment managers.
Changes of investment fashion never arrive in small doses. When the investment hemline goes up, it doesn’t stop at the knees but at the navel. As with dresses at a Paris show, the trend gets …
Beguiled by the claims of some financial practitioners, investors seemed repeatedly to be mistaking where investment treasure was to be found.
Regular caricature of the City tipster had no doubt coloured perceptions, but the financial …
The firm has always counted itself fortunate to be distanced from London and even, dare one admit, from Edinburgh. Financial centres trade on opinions, myths, rumour and chit-chat, and all the other distractions that come …
Andrew Carnegie was a sharp-witted lad out to impress his bosses. He knew the value of the personal touch, the power of personality. He saw how people matter to businesses. Yet the very success of …
Over its life, up to 2002, the firm had spent much time and expense disentangling client investors from unsuitable financial products that had gone wrong. These disasters stemmed from advice tendered usually by product promoters …
By midsummer 2000, technology fever had infected the collective investment wisdom. The atmosphere put one in mind of the great Tokyo property bubble a decade earlier.
If one were searching for the value that can …
Investment managers had only themselves to blame if they were held to be little more than gamblers in a casino.
As the Sage of Omaha has observed, “risk comes from not knowing what you are …
This piece dealt with the puzzling disconnect between a rising UK stock market and the determinedly gloomy forecasts of local analysts. We were trying to explain why the market so often defied these dark expectations.
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During the 1980s, so-called ‘performance’ became a buzz-word for those marketing and analysing financial products and services. By 1988, performance-driven advertising (read exploitation) had persuaded thousands of unit trust investors into purchases at market peaks. …
The Dutch tulip mania of the 17th century adds vivid colour to the history of global stock markets. This article, written by Alan McInroy, explains, rather than anticipates, the market collapse in the autumn of …
