"This is a waiting game"
Radio Feature 68: James Montier in conversation with Sona Blessing
Wednesday, March 20, 2013
James Montier is a member of GMO's Asset Allocation team. Prior to joining GMO in 2009, he was co-head of Global Strategy at Société Généralé. He has authored several books including "Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance; Value Investing: Tools and Techniques for Intelligent Investment"; and "The Little Book of Behavioural Investing". James is a visiting fellow at the University of Durham and a fellow of the Royal Society of Arts.
In this podcast he talks us through amongst others why in many ways he thinks this is the most difficult opportunity set an investor can face ...
Download this feature as MP3 (7.08 MB)
Listen to the complete feature
"This is a waiting game"
Or listen to selected sub-features
Asset allocation "when the Fed spikes the punch bowl".
Thoughts on the opportunity set within commodities?
Identifying investment opportunities now: where and which might they be?
What in your view are likely exogenous shock factors and what could be in the short term, some of the opportunities they would lead to?
What makes this particular investment environment so challenging?
The rationale for adjusting equity exposure allocations in the context of financial repression; and the role that dividend yields play in raising equity exposure.
Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks [more]
This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally
From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s SWFs - China sovereign wealth fund CIC plans more U.S. investments [more]
From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday.
CIC will boost its investments in private equity and hedge funds as wel Some hedge funds strong start in 2017 nice contrast to 2016 [more]
With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee Macro hedge funds and CTAs outperform in December on strong dollar [more]
Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik Opalesque Exclusive: Roxbury credit events UCITS gathers more assets [more]
Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised