Investment Week: Property and asset management themes in focus Over an investment cycle, one must have conviction in themes to have a chance of outperforming. This conviction can come at a cost of being ‘too early’ but can be very powerful as the theme matures and comes to fruition. Two themes we
It seems an awful long time ago, but when I would go to football training as a kid, I’d fret about what kit to wear, not wanting to stand out. My Dad would say to me “don’t worry about what everyone else is wearing, you’re there to do a job, it’s not a fashion show”.
James Sullivan and Peter Geikie-Cobb examine the US market and explain why they are underweight the US within their fund range. What are your views on the US stock market? James Sullivan: Broadly speaking, it’s an expensive equity market. Even stripping out certain sectors, such as technology, it’s still hard to make a compelling case
James Sullivan on an activist investment looking to unlock corporate Japan’s balance sheets. It sounds wrong to say it, but we recently supported the launch of a new company, despite not harbouring absolute belief that it will fulfil its primary objective. The company in question is AVI Japan Opportunity Trust which will
James Sullivan has said UK real estate is one of the most attractive areas of the market, particularly REITs where he said “share prices have overshot on the downside”. In a portfolio update, Sullivan said the 40% discounts currently on offer from real estate investment trusts (REITs) reflect an “Armageddon” scenario, which is
James Sullivan explains why his allocation to ‘Alternatives’ is at a multi-year low. One aspect of our multi-asset fund asset allocation that, historically, has taken up a lot of airtime during investment committee meetings is that of the ‘alternative’ sector, which can often be rather subjective in its interpretation and the subsequent