Some good news and some bad news

A couple of thoughts on markets after the nasty June to September equity market sell-off. I have two pieces of bad news and only one of good news, but the good news about the good news is that it is actually by far the most important of the three for longer term returns so please […]

Read More

IPS Appoints Mercer

IPS Capital LLP has engaged Mercer, a leading global investment consulting firm, to support its investment research and portfolio construction process. Mercer’s global research and due diligence teams will support the IPS Investment Committee in the identification of leading edge / best in class investments across a broad spectrum of asset categories. Gary Dell, IPS […]

Read More

Market Update: August 2015

Given the recent big moves in equity markets we thought we’d give you an update on the markets as we see them today, what has been behind the moves and the opportunities we see for your portfolio today. First the drama: Chinese equity markets have fallen over 40% from their peak in June of this […]

Read More

Beijing or Basingstoke?

Earlier in the year we compared the vineyards – and equity markets – of France and California, coming down on the French (and Eurozone’s) side. So far we are glad to say that view has proven profitable – France’s CAC index is +16% year to date as we write compared to a 1% gain for […]

Read More

Current Opportunities

Even after the latest act of the Greek tragedy, equity markets are still showing solid gains for the year. Global equities (measured by the MSCI World total return index) are up +4% in sterling terms as we write. The UK, having lagged in 2014 is today +5.6%. 2015 is now turning into the fourth year […]

Read More

No one remembers the 1970s

To have worked through the ‘70s you would have to be, say, 20 when the decade began. That would make you 65 today. Finance is notorious for the attrition rate on its employees and this means that there is, to a first approximation, very few working today who really remembers the 70s (myself included – […]

Read More

France or California?

We are not, I’m afraid, talking summer holidays here. If we were, Mrs Brown and I would probably opt for the slightly calmer and cooler (in both ways) Californian beaches over those of the South of France. The problem we have though is that the stronger dollar (up over 15% in the last year against […]

Read More

Infographic: Our key themes for 2015

A snapshot of our views for 2015 from Chris Brown (CIO) in an infographic format, which we hope you’ll find easily digestible. If you would like more detail then please let us know and we will be happy to supply it.  

Read More
Page 4 of 512345