GMO

51 results

President Donald Trump and vice-president Mike Pence examine an iconic Yellow Iron from Caterpillar. There has been much focus on the warning from Caterpillar’s chief executive  that the first quarter of 2018 might prove to be a “high watermark” for the company. Photograph:  Olivier Douliery/AFP/Getty Images

Corporate America has just enjoyed a bumper earnings season. Profits have risen by a quarter over the last year, underpinned by record high-profit mar(...)

Warren Buffett:  was written off in the late 1990s only to come roaring back when the technology bubble burst. Photograph: Rick Wilking/Reuters

Value investing – buying cheap, less fashionable stocks and shunning glamorous but expensive companies – is as old as the hills. Warren Buffett and ma(...)

Are you “susceptible”, “infected” or “immune” to Bitcoin? Photograph: Chris Ratcliffe/Bloomberg

Buy Russia. That’s according to GMO, the value investing firm headed by iconic investor Jeremy Grantham. Russian stocks were slaughtered last week, pl(...)

More than half of respondents believed bitcoin was in a bubble when it was trading at $2,200. A few months later, bitcoin had more than doubled and was trading at $5,300, but fewer people now believed they were witnessing a bubble. Photograph: Sascha  Steinbach/EPA

As US markets raced higher in January, ordinary investors were going gaga for stocks. There were four times as many bulls as bears, according to an Am(...)

Is it wrong to say a fund manager has lost his touch just because he has lagged over a particular period? Or might it be the case that their original success was little more than luck, and they have now been found out?

Neil Woodford and Crispin Odey, two of the UK’s most successful money managers over the last three decades, are under serious pressure after enduring (...)

 “The central truth of the investment business is that investment behaviour is driven by career risk,”  GMO founder Jeremy Grantham opined in a famous 2012 note. Photographer: Daniel Acker/Bloomberg

Prior to the recent market correction, Merrill Lynch surveys showed a record number of fund managers believed stocks were overvalued but a record numb(...)

Amid the ongoing agonising about US inflation and the interest rate outlook,  stocks are enjoying a very fine earnings season. Photograph: Getty Images

The herd instinct is alive and well, judging by the latest Merrill Lynch monthly fund manager survey. In recent months, the percentage of fund manager(...)

The very long bull market shows no signs of letting up. Photograph  Spencer Platt/Getty

Animal spirits appear to be stirring in financial markets, with the S&P 500 enjoying its best start to a year since 1999. For many investors, the (...)

 The belief that bear markets favour active management is erroneous, according to S&P Dow Jones Indices.

The reputation of active fund managers has been battered since the bull market began in 2009, with years of underperformance prompting ordinary invest(...)

Goldman Sachs recently cautioned that 10-year returns have been negative or below historical norms 99% of the time when valuations were as high as they are today. Photograph: Brendan McDermid/Reuters

A record number of fund managers believe global equities to be overvalued, with an overwhelming majority seeing the US market as the most overvalued i(...)

  • « First
  • Prev
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • Next
  • Last »