The Adventurous Investor

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Monday Macro : Stage set for a Meltup but watch out for European credit tightening

So far, so good. 2019 is shaping up nicely. The FTSE All-Share index is up 7.2% year to date, with the MSCI World up 7.1%. Over the last 12 months, the equivalent numbers 2.9% and 6% respectively and it’s only… Continue reading →

Q: What have the hedge fund masters of the universe been buying? A: Pretty much the same as the rest of us

I’m always curious about what the hedge fund masters of the universe are up to – or more specifically what they are buying! My sense is that there are two popular myths about hedgies. The first is that they are… Continue reading →

Morgan Stanley goes cold on gold and why Kazakhstan is another one to watch

Gold has a good run of late, helped along by positive comments from some in the investment banking community. Morgan Stanley, for instance, had a buy note on gold for many months, but it now looks like they are having… Continue reading →

Monday Macro – the hard numbers on the Italy problem

I find it strange that when I talk to my most fervent Brexiteer friends and colleagues, they seem to be almost salivating over the prospects of Italy jamming it to Brussels – and the Italian banks bringing down the Euro…. Continue reading →

Could ETFs be used as a ‘revolutionary’ vanguard?

It’s worth reading a cracking article by my colleague David Tuckwell, out this week on www.etfstream.com. The link is HERE. It’s all about a new US gold ETF from the Western Australian government-owned Perth Mint, a companion body to our… Continue reading →

Keeping an eye on Georgia…..and a worrying increase in stoned pedestrian fatalities

Although I think that the IPO of Georgia Capital was arguably one of the worst timed recent issues in living memory (and overpriced at launch to boot), I nevertheless have this frontier market play ( a listed fund on the… Continue reading →

Wednesday Notes – on SME lending, Schroders Europe REIT and social housing pitfalls

A quick smorgasbord of observations within the funds’ space. First up, are SME lending rates just too damned low? One of the big advantages of disruption within financial services is that intensified competition tends to result in lower interest rates… Continue reading →

Monday Macro – Stop eating Steaks Now!

I’m not sure what to make of the strikes in schools and colleges across the country about climate change. On one level it is hugely heartening that so many youngsters are willing to work together to battle climate change. But… Continue reading →

The demise of the A380 and what it tells us about investing in aircraft leasing funds

So, farewell the mammoth A380. None of us can be terrifically surprised that Airbus has decided to bite the bullet and abandon additional new production of these jumbo planes. The unwritten assumption has always been that this ambitious programme would… Continue reading →

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