Serious investment thinking that doesn’t take itself too seriously.
One of the trickiest aspects of asset management is identifying potential alpha and beta in terms of future company performance. Despite assertions to the contrary, the answer is not always that positive alpha is a result of manager genius, whilst negative alpha is the result of bad luck!...
These are important drivers of real estate market activity today and are likely to be even more important ones in the future. Family offices invest and manage assets with the aim...
Global housing markets face a potentially significant downturn as rising interest rates, high valuations, and squeezed real incomes start to bite. Risks look especially acute in...
Is investors’ preference for them warranted? An important issue for investors is that of how to structure their exposure to commercial real estate. A common allocation strategy...
A look at the transformation of Japan’s major regional cities. Overall, demand in the office markets in Japan looks to have plateaued for now, with contracted rents remaining...
Brent crude was grossly overvalued at 124 in June and black gold has come down as supply angst is replaced by the very tangible reality of a China where 7% GDP growth is not...
It is perfectly logical that the summer rally in emerging market debt was aborted the moment Powell spoke at Jackson Hole and risk assets plummeted on the expectations of 'higher...
It’s time to prepare for the near future. As the world slowly and unevenly emerges from the two years of pandemic lockdowns, we are entering a new normal that is increasingly...
What’s gold today may be coal tomorrow. It has been 15 years since Apple catapulted the smartphone into the mainstream, with the launch of the iPhone 1. Today there are more than...
A considered outlook. International integration has faced numerous challenges over the past decade. Brexit and the Trump presidency are clear examples where traditionally...