Asking the Right Questions
Returning to Dublin for December 6th Workshop
This workshop is particularly timely, given that the European IORP II directive comes into effect in January 2019 for Irish pension schemes, requiring trustees to disclose how they consider the Environmental, Social and Governance (ESG) criteria in their investment decision-making processes. Sharing key learnings…
Short-termism, love and acting with class
Last week, the football world provided us with yet another example of short-termism. Claudio Ranieri was sacked as manager of Leicester City, less than a year after winning the Premier League. Of course, no manager is safe these days but Ranieri achieved the impossible…
Einstein, Mourinho & Active Management
Albert Einstein said the eighth wonder of the world was compounding but it seems Jose Mourinho must have taken to reading Einstein’s work during his time off after his Chelsea sacking. The Manchester United manager continues to sarcastically refer to football pundits as ‘Einsteins’…
Interview Series: with Blackrock’s Adam Ryan
My latest endeavour to make the subject of financial markets and the economy more accessible to everyone is an interview series where I am intend to interview a range of fund managers, investment strategists and government officials, and to share these insights with you….
Thoughts on Investment Manager Selection
Article appeared in the Sunday Business Post December 13th 2015
The Elusive Search for Alpha: Natural Enthusiasm
I have written recently about the importance of having a clear process in place for the evaluation, selection and monitoring of active investment managers. A well-defined process can help sidestep serial underperformers and shortlist managers actually worth considering. For those managers that make the…
Active Investment Management: The Jose Mourinho Dilemma
Trustee groups I work with face a plethora of choice when implementing an investment strategy. One important decision is whether to use passive or active investment managers. Passive managers simply look to replicate a particular index. For example, for broad exposure to global equities,…
