Archive

Posts Tagged ‘invest’


De-risking – sometimes it’s good to just let go…

A welcome trend in pension funds is a steady increase in resourcing. One place where you can see it is in Russell’s recent governance survey from which the table below is taken. But while trustees may have put in place a range of resources, the same survey shows that they have not empowered those resources

October 23, 2014 Categories: Uncategorized

Derisk your governance

Most people will agree that ivy growing over a wall is a pretty thing. But behind those pretty leaves the ivy’s grippers can break down stone, brick and mortar, and damage your home. Pension funds have metaphorically been ripping the ivy off their walls for some time, selling out of growth assets to avoid a

Oct 1, 2014 Categories: Uncategorized

The two flavours of mean reversion

Most investors are familiar with mean reversion, the idea that extremes tend not to persist, and that outstandingly good (or bad) performance tends back toward the average in time. Far fewer are familiar with the fact that there are two distinct types of mean reversion, and these two types need to be handled differently. The

Sep 25, 2014 Categories: Uncategorized

Scottish Independence is no ‘Black Swan’

By the time you are reading this blog, we will probably be less than 24 hours away from knowing the outcome of the Scottish independence referendum . It’s a yes or a no. There’s nothing in-between. The differences in consequences for pension funds, as well as others, are vast. In the jargon, this is an

Sep 17, 2014 Categories: Uncategorized

Convertible bonds: The best of both worlds?

One doesn’t need to have a mid-life crisis to own a convertible! While arguably not as exciting as a 400 horse power Porsche 911, convertibles (the bond variety) have the potential to deliver value both through diversification and return enhancement in a diversified multi-asset portfolio. A convertible bond offers the best of both the equity

Sep 11, 2014 Categories: Uncategorized

Downside protection isn’t a free lunch!

Nothing in life comes for free (well, except things like oxygen and the Metro). But my point is that most things that look too good to be true usually are, and there is often a downside to every upside – and vice versa. The same is to be said for put protection strategies. Option strategies

Aug 27, 2014 Categories: Uncategorized

New evidence of the financial impact of ESG factors

One of the items on my ‘To do’ list has been to write a blog about my colleagues’ recent ESG* (Environmental, Social and Governance) research work. So imagine my surprise (secret delight…) when I finally managed to make some free time, sat down to write it and my US colleague, Bob Collie’s ‘New evidence of

Aug 20, 2014 Categories: Uncategorized

High Frequency Trading: staying in control at the speed of light

The investment industry has been getting a bit of a battering lately. Firstly, the film ‘Wolf of Wall Street’ showcased the luxurious lifestyle of real-life stockbroker Jordan Belfort who defrauded thousands of investors through a securities scam, in order to fund an excessive lifestyle of drugs, fast cars and lavish parties, which eventually (and quite

Aug 12, 2014 Categories: Uncategorized

Football and portfolio implementation – ensuring all interests are aligned

  In my last two posts, I discussed the importance of an implementation portfolio manager and transition manager in managing a multi-asset portfolio. In sticking to my football analogy, today I’m talking about a topic that has plagued both the football world and the investment industry. In football, the sport has been tarnished by an

Aug 12, 2014 Categories: Uncategorized

Football & Portfolio Implementation – ensuring a perfect line-up

  In the last post (Setting a Winning Strategy) I related the importance of strategy implementation in football to multi-asset portfolio management. Central to maintaining the strategy was a strong team captain, or implementation portfolio manager, who played a central role and pulled the strings with the flow of the game in order to ensure

Aug 5, 2014 Categories: Uncategorized

This blog is not intended for retail investors. The opinions expressed herein are that of Russell Investments, are not a statement of fact, are subject to change and, unless they relates to a specified investment, do not constitute the regulated activity of “advising on investments” for the purposes of the Financial Services and Markets Act 2000.

This material does not constitute an offer or invitation to anyone in any jurisdiction to invest in any Russell product or use any Russell services where such offer or invitation is not lawful, or in which the person making such offer or invitation is not qualified to do so, nor has it been prepared in connection with any such offer or invitation.

Unless otherwise specified, Russell Investments is the source of all data. All information contained in this material is current at the time of issue and, to the best of our knowledge, accurate.

The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.

Copyright © Russell Investments 2018. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.

The Russell logo is a trademark and service mark of Russell Investments.

Issued by Russell Investments Limited. Company No. 02086230. Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone 020 7024 6000. Authorised and regulated by the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.