INSIGHT

Mean reversion

“Contrariwise,” continued Tweedledee, “if it was so, it might be; and if it were so, it would be; but as it isn’t, it ain’t. That’s logic.”

Lewis Carroll

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Recent trading

We entered 2013 with an investment strategy that preferred developed equity markets (particularly UK and US and smaller companies) and an aversion to all sovereign debt and emerging market equity.

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The makings of a modern banker

It is with head-shaking astonishment that we read of the growing scandal surrounding the Co-operative Group, its management and its disastrous acquisition of the Britannia Building Society.

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