So, the dust has settled after the election, and perhaps unsurprisingly the UK equity market has taken the unexpected Conservative victory as a sign to push valuations on a bit further. This has been particularly noticeable at the mid and smaller end of the market, where the impact of domestic
The orthodoxy of recent election campaigns in the UK has dictated that the party that successful controls the centre ground of the political spectrum (hitherto referred to as Mondeo Man), is the party that will go on to win control of parliament. It was certainly the driving force behind Tony
Well, who saw that coming? Not IG Capital, not FXCM (the world’s biggest retail currency broker), and not Alpari, the erstwhile shirt sponsor of West Ham United (who have form in this regard as in 2008, its then shirt sponsor XL Leisure succumbed to the recession). I am referring, of
So we are at that time of year where we spend some time looking both back and forwards. Reviewing the year gone by and making educated guesses about what we might face in the future. Given the recent volatility of markets, we are unusually in a position where we still
It is difficult to work out which of the many potential worries is most contributing to the recent bout of equity market nerves. The list of suspects is prodigious – ebola, Middle East tensions, cessation of the US QE programme, weakening Chinese growth, slowing UK residential housing market. All are
A recent conversation with a friend caused me to go back and read a 2012 speech entitled “The dog and the frisbee” by Andrew Haldane (member of the Bank of England’s MPC) and one of his economist colleagues. The paper looks at appropriate strategies for financial market regulation, and the
Generally so far in 2014 (and specifically over the last three months), the performance tree for UK equity funds has been well and truly shaken. Whilst the average fund has barely changed in value over both of these periods to date (at time of writing), there has been a marked
As we approach the weekend where kids – and our Marketing Director – eagerly anticipate their chocolate Smarties eggs (with complimentary mug, that will undoubtedly make its way into the office), it seems as good a point as any to take stock and look back at the year so far.
Today, Revera is launching a new look for our business.
The centrepiece of this rebranding is our website (www.reverafunds.co.uk) which contains a new look, and more information about our funds – but is also clearer about what we are trying to deliver for our underlying investors and how we intend to go about it.
It almost caught us by surprise ourselves, but by the end of next week we will have gone a full three months without effecting a single trade on behalf of the S&W Revera UK Dynamic Fund. Although we couldn’t back this up in court, Stephen and myself are pretty sure we have never gone so long without making even minor changes to a portfolio we’ve been running.