The idea that companies that are rated high on a myriad of ESG metrics will deliver superior investment returns has long lost its currency. The key issue now is how far ESG considerations are pertinent […]

A growing number of institutional investors are switching to alternative risk premia: a systematic rules-based style of investing used by hedge fund managers for the past three decades. Under it, asset classes can be broken […]

Remember BRIC? If not, you’re not the only one. In hindsight, it seems like a big marketing ploy. The acronym was coined in the last decade to highlight the rise of four awakening giants – […]

Being ‘green’ is simple but not easy. An outstanding investment phenomenon of this decade is the sky-rocketing popularity of investment funds that embed environmental, social and governance principles. Its speed and scale have, in turn, […]

On 15 October 2014, the yield on the benchmark 10-year US Treasury note plunged from 2.02% to 1.86%,  an event that was meant to occur only once every 3.5 billion years according to Jamie Dimon, […]

The late Paul Samuelson, a Nobel Prize winner, once quipped that the stock market had forecast nine of the last five economic recessions — a damning indictment on the market’s clairvoyance but a useful insight […]

In June 2017, former Federal Reserve Chair Janet Yellen mused that quantitative tightening in terms of balance sheet normalisation would be like “watching paint dry”. Yet, while the paint was drying, the Fed was at panic […]