Keynes and the character required for a long-term view

In the interests of educating myself I recently read Chapter 12 “The State of Long-Term Expectations” in John Maynard Keynes’ seminal economics tome General Theory. I particularly like his statement: “it needs more intelligence to defeat the forces of time and our ignorance of the future than to beat the gun”, but then I’ve always

Recipe for avoiding half-baked dynamic asset allocation

In what is lauded as somewhat of a Laurel and Hardy performance, APG’s Stefan Lundbergh and academic provocateur Jack Gray, demonstrate the disparity between ideology and action in a hypothetical dynamic asset allocation case study. But jokes aside, it highlights the misnomer in the words “best practice”, and the lack of courage in this industry.

HOOPP boss goes out on a high

Chief executive of HOOPP, John Crocker, has only one more board meeting before he retires, and except for travel plans to the Caribbean and Europe his dance card is empty. After 10 years in the position he leaves a fund in good shape – fully funded, technologically primed and with investments that use innovative, low-cost

Cambridge releases internal databases

The growth in internal management is changing how asset consultants interact with clients, and the current market volatility means timely information can be vital to performance, Cambridge Associates chief executive officer Sandy Urie tells Top1000funds.com’s Sam Riley.

IMF assess China’s financial system stability

The International Monetary Fund has conducted a detailed analysis of the stability of the Chinese financial system. The stability of the financial system of the world’s second biggest economy has come under the spotlight as concerns about price bubbles in real estate markets, spiralling local government debt, and the sharp increase in off-balance sheet lending