How a herd of cows trampled on human stockpickers

Date published: 21 January 2020

Robin Wigglesworth

Investing is hard. So hard, in fact, that even highly-trained professionals who have dedicated their lives to mastering markets often fail. An unusual experiment in Norway, pitting pros against livestock, underscored just how tricky it can be.

Read more ...

Wall St banks escalate asset management battle

Date published: 18 January 2020

Chris Flood

The competitive challenges faced by the asset management units of the big US banks against the might of BlackRock and Vanguard was underlined this week as US banks unveiled mixed 2019 results for their investment units.

Read more ...

Credit ratings, like dodgy boilers, can still blow up the house

Date published: 13 January 2020

Patrick Jenkins

The world is awash with conflicts of interest. The plumber you call to fix the boiler insists it needs replacing, at vast cost to you and benefit to them. The car mechanic says your head gasket has blown. But has it really?

Read more ...

Biggest asset managers attacked over role in climate change

Date published: 11 January 2020

Attracta Mooney

The world’s biggest investors are coming under intense pressure over the role they play in climate change, as the focus on tackling global warming moves beyond oil, gas and mining to the companies that finance fossil fuel producers.

Read more ...

If the threat of war cannot shake stock markets, what can?

Date published: 11 January 2020

Michael Mackenzie

There has been little shortage of market drama to mark the new year, sparking hefty swings in oil and havens such as gold. For long-term investors, the sudden and — it is to be hoped — shortlived escalation in tensions between Iran and the US provides a lesson in the importance of waiting out passing tempests and focusing on gauging the outlook for the global economy and corporate profits.

Read more ...

Apple’s heady rise highlights perils of concentration

Date published: 10 January 2020

Richard Henderson

Stock markets set a curious record last year: Apple gained more in equity value than any other company in history. But rather than gawp at the rise, equity investors need to consider whether the size of the company, and that of its brethren among the top five in the US — Microsoft, Amazon, Facebook and Google’s parent Alphabet — presents a growing risk to their portfolios.

Read more ...

Index funds break through $10tn-in-assets mark amid active exodus

Date published: 08 January 2020

Robin Wigglesworth in Oslo and Alex Janiaud in London

Assets managed by global index funds have smashed through the $10tn level, buoyed by rising markets and an investor exodus from pricier, actively managed funds that often struggle to beat their benchmarks.

Read more ...

Liquidity and momentum shroud the rotation debate

Date published: 07 January 2020

Michael Mackenzie

Liquidity and momentum are powerful drivers of sentiment for equities and other risk assets. Such a combination holds sway at present, via supportive central banks and low government bond yields, helping to explain the resilience of markets whenever shocks such as the latest bout of political tension intrude.

Read more ...

Forecasting the world in 2020

Date published: 27 December 2019

Source: FT.com

Brexit was not stopped, populists made smaller gains than expected in May’s European parliament elections, and the S&P 500 beat our — and most other people’s — expectations. Along with Brazilian growth falling below the year before, the FT’s forecasting team got those predictions wrong for 2019, though Philip Stephens last year admitted he offered his forecast that Brexit would be reversed “as much in hope as expectation”.

Read more ...

Nuns berate SEC over planned shareholder rules

Date published: 01 December 2019

Attracta Mooney

Source: FT.com

Two groups of nuns, including one that puts living a life of peacemaking at the centre of its work, are gearing up for a fight with the US financial regulator over proposed shareholder rules.

Read more ...

Global regulators launch inquiry into leveraged loans

Date published: 07 March 2019

Sam Fleming in Washington

Link To FT.com: https://www.ft.com/content/2cb614ee-4067-11e9-b896-fe36ec32aece

The Financial Stability Board, a top global rulemaker, has launched an examination of parts of the $1.4tn leveraged loan market, as officials intensify scrutiny into potential financial stability risks surrounding corporate debt.

Read more ...
Page 1 of 5