Veteran Fund Manager Advocates Tire-Kicking

In the face of growing competition from exchange-traded funds, investors who want to demonstrate their value would do well to take a more hands-on approach to analyzing companies. This according to a recent Bloomberg article. The article shares the view of veteran stock picker Peter Elam Hakansson, founder of Stockholm-based East Capital AB: “Being an active owner takes both time and resources and that will be one of the best differentiating factors for successful fund… Read More

Data Shows Analysts Increasingly in Sync with the Market

Recent data from Citigroup Inc. shows that monetary stimulus has “upended conventional market dynamics” and is facilitating a “re-emergence of an intuitive relationship in equity markets,” according to an article in last week’s Bloomberg. In the period between 2012 and 2015, the article explains, the relationship between analyst opinions and market direction seemed to “break down” when global equities rose despite their downgrades. But Citigroup’s findings reflect that such opinion is now “moving emphatically in… Read More