Original thinkers

Rosemary Banyard: how to spot an unconstrained fund manager

With the rise and rise of index tracker funds and baskets of exchange traded futures, it is now easy and cheap to get broad investment exposure to the UK equity market. A FTSE 100 tracker will give you coverage of roughly 85% of the FTSE All-Share index, yet the IA UK all companies sector still offers a choice of over 250 open-ended general UK equity funds, most of which would call themselves active.

Fundsmith’s Terry Smith: forecasters are like Michael Fish

Tumult, turbulence and turmoil are just the words beginning with the letter T used by commentators to describe the behaviour of stock markets in October. I think it’s always good to look at the definition of the words we are being asked to accept. For example: turmoil, noun: a state of great disturbance, confusion, or uncertainty . synonyms: confusion, upheaval(s), turbulence, tumult, disorder.

Tread warily in bond markets

January 21, 2014

With the tapering of quantitative easing, UK gilts are set for another poor year in 2014, especially if US bond yields rise once more.

Why equities win in the ugly contest

January 20, 2014

Alastair Mundy of Investec says investors must choose between negative real returns from bonds and unattractively priced equities.

Investment clock says time to be bullish

January 9, 2014

Trevor Greetham of Fidelity, one of our 'original thinkers', says we are currently in the Recovery phase of the investment clock cycle - and this economic upswing could last for years.