Articles

Why We Have No Strategic Allocation to Gold

Why We Have No Strategic Allocation to Gold

"All that glitters is not gold; Often have you heard that told: Many a man his life hath sold But my outside to behold: Gilded tombs do worms enfold." - The Merchant of Venice Gold recently hit a 7-year high with the recent talk of military conflict between the US and...

We have no 2020 outlook

We have no 2020 outlook

A very happy new year! At this time of the year, fund managers like to do a review of markets in the past year and a forecast or outlook for the coming year. Occasionally, a few would compare – usually when they are right – the market in review versus their initial...

2019 Market Review

2019 Market Review

A lot can happen in a year. Looking back at how 2018 ended, it was hard to be extremely bullish headed into 2019, yet as it turns out, extreme bullishness is what gripped both stock and bond market investors over the course of the year. The US stock market fell almost...

12th November CIO Letter

12th November CIO Letter

Dear Client, From CEO/CIO: Happiness on 28th October, SRS tax savings and other musings Does what happen in the stock market every day make you happy or sad? If so, every year, you should be happiest on the 28th of October. Because 28th October is historically the...