Fortune favours the brave

clock

It is funny how fear becomes infectious and eventually clouds rational people's judgement.

Five or six years ago, no-one ever mentioned counterparty risk to me, now they apparently cannot stop talking about it. If I had a pound for every adviser or investor who has written to me about their counterparty terror, I would be a very wealthy man by now. The latest missive on the subject came last week from a very smart IFA who asked whether it was safe to buy into synthetic ETFs, followed by a question about whether I thought the French banks were about go belly up. Only a few days before, a very sophisticated private investor – with connections to the hedge fund community – wrote...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Register now for Future of Investment Festival: How to future-proof client portfolios

Register now for Future of Investment Festival: How to future-proof client portfolios

Navigating a rapidly-changing investment landscape

Katrina Lloyd
clock 02 May 2024 • 2 min read
How is potential central bank monetary policy divergence affecting asset allocation?

How is potential central bank monetary policy divergence affecting asset allocation?

BoE, Federal Reserve and ECB

Investment Week
clock 01 May 2024 • 8 min read
Partner Insight: The time for income

Partner Insight: The time for income

Higher bond yields and strong levels of dividend growth mean income-bearing assets currently offer investors an excellent opportunity.

Douglas Scott, Investment Manager; Thomas Hanson, Head of Europe High Yield; Vincent McEntegart, Investment Manager at Aegon AM
clock 01 May 2024 • 2 min read
Trustpilot