At times of stress, investment managers’ actions may not be in investors’ best interests. Even before the trade press headlines spoke of record fund outflows and weak financial markets combining to create a winter for the investment management industry, fund managers, both big and small were falling over themselves to cut jobs.They still are. TheContinue reading “Can Investment Managers Manage?”
Category Archives: Culture
Beyond the Beaches
Every evening, as the blue of the night darkens, the Paseo Maritimo, which winds its way from Marbella to Puerto Banus along the Spanish coastline, is once again thronged with locals and tourists, Spanish and international, as they stroll before or after dinner, incessantly chatting, catching up on the news of the day. The ambience isContinue reading “Beyond the Beaches”
Irish Financial Services – can you trust them?
You can’t go the distanceWith too much resistance Trust in Irish Banks and other financial institutions is on the floor. And the disappointing thing is that in the last two years things don’t appear to have got any better. And trust matters. A 2021 survey across 28 countries and 59,000 customers revealed trust as theContinue reading “Irish Financial Services – can you trust them?”
What’s all this Diversity carry-on…..?
Prove it. That seems to be a mantra among those who struggle a bit with the seismic shift we are seeing today in the role of Environmental Social and Governance factors (ESG) in asset management. For issues such as climate change or global warming which may not be observable, up close and personal, inContinue reading “What’s all this Diversity carry-on…..?”
Five Questions NOT to ask a fund manager
Are you personally invested in the fund? This is usually to get some sense of “skin in the game”, but it’s too easy, and really not that important. The fund manager can answer yes; even if it’s just a small part of a company-wide incentive scheme , that invests in the fund, with a 2Continue reading “Five Questions NOT to ask a fund manager”
Culture in Asset Management – the “Must Haves” and the “Great to Haves”!
Culture is now a Red Button issue in Irish financial services, from banking to insurance through to asset management. Recently, we have seen the setting up of the Irish Banking Culture Board to remedy cultural shortfalls in the banking sector. The Central Bank of Ireland has raised the issue of culture for asset managers repeatedly,Continue reading “Culture in Asset Management – the “Must Haves” and the “Great to Haves”!”
Are Fund Managers a cultured bunch?
What do you think? Do they know their Verdi from their Vardy?, Van Gogh from Van Morrison, or their Rigoletto from their cannelloni? Hard to know really! But this culture thing seems to be getting more and more attention. In Ireland the Central Bank has been devoting a lot of resources to this issueContinue reading “Are Fund Managers a cultured bunch?”
Tradewinds 