Global Intrinsic Value

The recent proxy season was a fascinating and eventful one, both for our own activity and for the corporate world in general. The news headlines were grabbed by...

29 May, 2021 | 12:30am
Global Intrinsic Value

What an incredible story Ørsted makes. Business magazine Corporate Knights wrote about the journey the coal-and-oil peddling...

17 May, 2021 | 12:30am
Global Equity Income

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

4 May, 2021 | 01:57pm
Global Equity Income

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

4 May, 2021 | 09:18am
Convertible Bonds

For our final discussion in this series, we hope to demystify the Greek letters that are key to understanding convertibles.

29 April, 2021 | 09:39am
Convertible Bonds

In our last discussion about convertible bonds, we covered the topic of valuation, and hope that we cleared up some of the complexity of the subject.

12 April, 2021 | 05:20am
Emerging and Frontier Markets

This time around the Fed won’t take away the punch bowl but will offer free refills...

30 March, 2021 | 11:58am
Convertible Bonds

Convertible bonds are less complex than you might think. We understand why some believe the asset class to be the domain of specialists.

29 March, 2021 | 01:42pm
Global Intrinsic Value

I wrote on the subject of profit margins last year in Margin Call and how we try to normalise them as part of our company evaluation.

3 March, 2021 | 02:26pm
Global Equity Income

The ascendancy of the growth style of investing over the last decade has been unusual in its strength and duration. There are now signs that the winds of change are blowing through global equity markets.

1 March, 2021 | 01:47pm