fund management

937 days ago

Tom Winnifrth Bearcast: Crispin Odey is right, I am not so sure about Ed McDermott

I start with the big oilers and I am sure Odey is right and the woke ESG obsessed fund management mainstream is wrong. Then onto Ed McdDermott and Seed Ventures (SEED) where I am a loyal shareholder but argue for a plan B

1137 days ago

If this is not an accusation of insider dealing what is? Team on Tavistock

This looks like a tasty spat in the world of fund management, with AIM listed Team PLC (TEAM) making a fairly explicit accusation of insider dealing as it launches an all paper offer for Tavistock Investment (TAVI). It states the case clearly.

1860 days ago

Video: Not an April Fool, Exeter University awards honorary degree to recognise excellence in fund management

Whatever... presented with no comment.

3969 days ago

Change of stance - First Property is it worth the risk?

I have long been a fan of First Property (FPO) the AIM listed property fund manager and investor but its exposure to Poland is worry as all the signs are that out East the shit is about to hit the fan. I wonder if it is worth the risk of hanging on in First Property? On balance I wouldn’t.

So what is going wrong in Poland? Well it is an emerging markets economy. And there is a growing global liquidity crisis which traditionally sees secondary “growth” markets take a beating. I note that Polish construction activity in May plunged by 28%. That is pretty dramatic and suggests to me that the Polish economy could be set for a rather rocky patch.