Value – worth waiting for

We explain how the tilt to value stocks, as found in our portfolios, has performed relatively strongly over the past two years, rewarding the patience and discipline of investors for holding this risk factor.

Expected outcomes

This short blog focuses on the topic of expected returns, the due care that should come with interpreting them, and help with understanding their role in the financial planning process

In defence of democracies, markets and the media

It is sometimes easy to miss the positive aspects of the society we live in due to the noise of day-to-day events.

Our latest blog is a reminder that at least we live in a society where we are free to express our views, where markets work and the media – however annoying it can sometimes be – helps to hold our politicians’ feet to the fire.

Thinking sensibly about bonds

This blog takes a quick look at some of the sensible reasons for owning bonds and thinking about this year’s rise in yields in the context of liability matching.

Absolute return funds? Absolutely not!

This blog takes a quick look at how these funds consistently fail to live up to their marketing promises of delivering positive returns over a specific investment horizon.

Nothing to see here: Survivorship bias

In this blog we demonstrate that around 40% of multi-asset funds available to UK investors didn’t survive the past decade. Surviving an investment horizon – whilst delivering strong results – is no mean feat, and our successful fund selection reflects the robust ongoing governance process our Investment Committee adopts.

Bonds and Base Rates

This piece focuses on the internal battle investors face when it comes to predicating the future activity of central banks, and how to (or more importantly how not to) react to it. We explain why, when it comes to investing, the reality is that the expectation of base rate movements is already in the price.

Tips for unsettling times

In this blog, we bring some context to equity and bond market falls so far this year – spoiler alert, they are not as bad as the media would have us believe. We also outline 10 tips for keeping things in perspective during unsettling times.

Phasing money into markets

Phasing a portfolio into the market can provide some behavioural comfort to clients. Given that clients suffer the pain of loss twice as much as the elation from gains, phasing allows investor to ease their way into the markets. Read our analysis on the potential merits and downsides of phasing investments here: