In April, the Securities and Exchange Board of India (SEBI) took a bold step: mandating that key employees of asset managers invest about 20% of their salary in the schemes they run or oversee. A direct order to fund managers to have skin in the game!
Following the EU referendum, financial markets initially expected the worst, with the weakness of the pound the clearest indication of deteriorating sentiment. And yet, many saw the depreciation as an opportunity for the economy to rebalance away from consumer spending and towards more trade. With this in mind, how successful has the UK been?;
Understanding how the mind can help or hinder investment success is a cornerstone of fund management and helps me in everyday life too. One of my idols, Daniel Kahneman, said the aim should be to make it part of everyday chats, so we've recorded an episode for our podcast where we try to do just that.;
After Argentina and Turkey could Brazil be the next emerging market (EM) that goes into crisis? Each of these countries currently has idiosyncratic weaknesses. In the case of Brazil, the fiscal deficit is in the spotlight, coupled with the presidential elections in October.;
The temperature's roasting and the Turkish economy is under the spotlight. With President Erdoğan fighting financial markets, the contagion is spreading fast. So which parts are overdone and are there any tempting morsels worth trying? Here are our latest thoughts from Bloomberg TV. ;
For a sector accustomed to getting headlines for its stellar growth and equity returns, the past few weeks have felt a bit different for technology companies. It's time to take stock, think about what we’ve learnt and revisit our bullish macro case for the sector. In short, however, I still like tech.;