Over the last year I have gradually been turning more negative about markets.  A year ago, my rationale was the state of government...

I recently gave a presentation on fiduciary duty at the SPS Local Authority Pension Fund’s Annual Investment Conference.  It is an...

Frustration at the weak yen It’s no surprise that Japan is changing:  geo-politics has meant that it doesn’t really have an alternative. ...

UPCOMING EVENTS 25 March 2025 - William will be a panel speaker at the Room 151 Future of the LGPS Round Table Summit . 27-28 March -...

I started working at a stockbroker, Grieveson Grant, before Big Bang (1986) in London.  At that time some brokers focused on gilts,...

This is Linchpin’s thirteenth annual update, in which we monitor a range of inflation indicators. The aim is to provide investors with a...