For centuries, the parable of “The Blind Men and the Elephant”* has been used to illustrate how overemphasising a specific part of a complex situation can lead to the wrong conclusion, even if that part is indeed both real and important.
The same is true in the world… Read the article
Guest contributor – Jean-Paul Jaegers, CFA, CQF (Senior Investment Strategist, Prudential Portfolio Management Group)
… however, what is often less debated is the impact that time can have on these variables.
This is relevant as investors’ holding periods have generally shortened and as a result the variables that influence the… Read the article
Today is the Queen’s 90th birthday and I thought a good reason to have a look back at how UK equities have fared over almost a century. When the Queen was born in 1926, the UK economy was still struggling to recover from the First World War, there was high… Read the article
Many great investors have written extensively on the power of compound interest, yet it remains a difficult concept for investors to grasp and the majority of us fail to reap its long-term rewards.
Albert Bartlett might bring to mind the weekly shop and roast dinners for UK readers, but the… Read the article
I fondly remember “Don’t panic” being the catchphrase of Lance-Corporal Jack Jones in the popular 1970s sitcom Dad’s Army. ‘Jonesy’ would shout this loudly at moments of impending danger, while running round in a frantic panic himself.
While Jonesy wasn’t exactly the best Lance-Corporal, he would make an even worse… Read the article
It was a terrible year for active equity managers in 2014 with 80% of all US large-cap active equity managers underperforming the S&P 500 benchmark*, a trend that was unfortunately replicated worldwide. This bad performance has unsurprisingly ignited a debate in the press and among investors on whether or not active… Read the article
Please note the content on this website is for Investment Professionals only and should be shared responsibly. No other persons should rely on the information contained within this website.OK
Welcome to the M&G Multi Asset Team’s Allocation blog, previously known as the Episode blog. We have changed the name of our blog to resonate better with our readers in Europe, however, the content and purpose of the blog has not changed. The Allocation blog continues to aim to provide unique market perspectives from our dedicated team of experienced asset allocators.OK