So, market volatility is back with a vengeance. The big, bad V! By mid-April, the S&P 500 had moved up or down at least 1% on 28 trading days already in 2018 — 15 increases and 13 drops. To put that into context, there were just 8 swings of 1% for the S&P 500 all of 2017. ..
We are always on the look out for new and interesting books to read and share with our audience. Most recently Mark shared some of his reading favourites
that he’s really enjoyed and couldn’t put down. Take a look at the below and see for yourself…
The relief of passing MiFID Day is palpable. After so long, it is hard to remember life before MiFID II was ‘just round the corner’. Now we have turned the corner and it is behind us. So, what is next? More MiFID II. Few firms will be able to say with conviction that all is done. For most, it will be mostly done, leaving room for improvement. With its carefully coded expressions of disdain for the EU’s drip-feed method of publishing requirements, the FCA has made plain its recognition that firms have not had adequate notice of many MiFID details to be able to comply on time. But firms would be wise to take note of the limitations of the regulator’s forbearance – terms and conditions apply. ..
Are you looking to enhance your financial knowledge and skills? Or are you seeking cost-effective training for your staff? Our new e-learning platform is the simple and convenient way to access our expert-led foundation courses. ..
In Mark’s blog Confessions of a Private Investor, he laid out his position as a top-down investor, with rebalanced asset allocation according to economic / market cycles. The momentum style used to
select funds that he invests in does have a lot of sense to it - selling the losers, picking up the winners and you outperform the index. I guess my
question is whether it’s really worth it? The time taken to analyse, screen, trade, monitor and, of course then the additional annual charges of the
Strong leadership is integral to the successful future of any organisation, but are leaders born or made? If you don’t believe it is worth leaving to chance, offering effective workplace leadership training can provide a strategic approach to talent development. ..
One thing that FCA is good at is trailing its views. So it is that the Asset Management Market Study Final Report contains no real surprises. But lack of surprise does not mean lack of impact. These measures will certainly have that, especially on the pockets of fund managers. And not so much as a pause for breath before going into rule-making mode. CP 17/18 (CP17/18: Consultation on implementing asset management market study remedies and changes to our Handbook | FCA) is the start of the implementation process. ..
Once again there are rumblings and warnings of a fresh financial crisis along the lines of 2008. Banks are supposedly better regulated now, and have generally lower corporate lending levels. Potential banking fallout should therefore be less dramatic than that witnessed in the period following 2008. However, this will not stop a number of banks starting reviews of their already heavily-scrutinised credit portfolios. ..
Keeping up with advances in technology can sometimes feel a daunting task. The speed with which the digital world has evolved in the past 20 years alone is staggering. Technology has become integral to our lives in so many ways and new advances are something that as a society we are asked to readily embrace on almost a monthly basis. ..
In my previous blogs, I walked through my portfolio history to give a feel for how I decide my allocations. I hope also that you will get out of this is a feeling for my cognitive biases and people’s generally. I have a number of observations to make about good and bad habits, some learnt from others, some from my own bad experience. For any of you who have read about behavioural finance some of this will be very familiar. ..