Month: May 2013

 “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent … Read More ›

There continues to be potential for pension capital appearing where bank lending no longer wants to go. Commentators in the UK and continental Europe have … Read More ›

    Since George Osborne’s Autumn Statement in 2011, pension funds and their advisors have been discussing the idea of investing in infrastructure. And the … Read More ›

High yield debt has enjoyed a nice rally during 2012, as have many other risky assets. Articles and press coverage have addressed the asset class’s … Read More ›

(This article first appeared in the May 2013 edition of Investment & Pensions Europe magazine and is reproduced with kind permission) Had you walked through … Read More ›

Let’s open with a question- what is the mean excess return earned by US equities (over short-term interest rates) since 1870? Data Source: Professor Shiller, … Read More ›