The Adventurous Investor

Investment trusts, ETFs, alternatives and more.....

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Thinking through a Labour win

I think the time has come for investors to give some long hard thought to what they should do with their portfolios in the event of a Labour Party government. I am already on the record as suggesting that I… Continue reading →

Who gets to build the index? You and I or The Machines?

Passive funds make great play of their index tracking. The idea is, of course, alluring and simple. Do away with that idiosyncratic manager and replace him or her with a rules-based index which tells the exchange-traded fund which stocks or… Continue reading →

VOF Vietnam – core investment for all adventurous types

I’ve long been bullish about Vietnam as an investor. As a country market, it’s not perfect by any stretch of the imagination and has in the past proved something of a disaster for investors – too much money was raised… Continue reading →

Move over PSD 2 – Time for Open Investment

A couple of weeks back I hosted a panel on Open Banking and PSD 2 at the Lendit Europe event. I’d like to think we roamed widely in our discussion of the issues and challenges but as we chatted it… Continue reading →

Affinity ETFs coming to a branch near you

ETF Stream’s daily update on new issues brought a real gem yesterday – David Tuckwell reported that USAA, the group that provides financial services to members and veterans of the US military, is listing six ETFs in New York. These… Continue reading →

Hunting for value Mark 2

Over in my Financial Times column, I’ve been writing about my hunt for value in the investment trust space, focusing on familiar names such as private equity investment trusts and alternative asset fund. Today brings news on two of those… Continue reading →

The real funding gap and why BDCs might help kick start the UK SME sector

One (small) part of the puzzle of low productivity growth here in the UK is the plight of what have been called “Gazelle” businesses. These fast-growing concerns with turnover usually between £5 and £100m (and profits betweern say £1m and… Continue reading →

Catastrophe reinsurance – much worse to come

Back to the weird and wonderful world of reinsurance – and natural cataclysms. I’ve been following the share price of London fund Catco fairly closely for some weeks now, starting with Hurricane Harvey. From this point on it seems that… Continue reading →

iShares – was the BGI purchase the deal of the decade?

The big story of the last few days within the asset management space has been Invesco’s takeover of Guggenheims ETF business for a reported $1.2 billion. Given that Guggenheim only has around $30 billion in assets within its ETF business,… Continue reading →

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