Convertible Bonds

Not all companies have issued convertible bonds, but since the beginning of 2020, there are a lot more that have done so. New issuance has both substantially increased the size of our...

12 April, 2021 | 06:34am
Global Equity Income

The three requisite features of every investment we make are: a premium yield; dividend sustainability; and a valuation margin of safety.

23 November, 2020 | 03:23pm
Global Equity Income

Regular returns to shareholders from equity investments are often known as “ordinary dividends”. This is a misnomer – there is nothing ordinary about dividends at all. In fact, they are extraordinary! Here’s why…

12 November, 2020 | 01:08pm

The field of behavioural finance has shown that human brains have evolved over thousands of years to be more suited to survival than investing.

4 May, 2020 | 09:00am