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Research

The price and performance of wine

Because it’s nearly Christmas, and conexust1f.flywheelstaging.com will close down for the holidays, we thought this research piece was apt. Elroy Dimson, Peter L. Rousseau, and Christophe Spaenjers, have looked at the impact of aging on wine prices and the performance of wine as a long-term investment, using a unique historical database for five long-established Bordeaux […]
Research

What a difference a PhD makes

New research has found that if you have a PhD and work for a money manager your flows will be larger and your performance will be better. This research in the US shows that the gross performance of domestic equity investment products managed by individuals with a Ph.D. (Ph.D. products) is superior to the performance […]
Uncategorised posts

Stock exchanges ‘need nudge on sustainability disclosure’

 A study ranking the world’s stock exchanges against disclosure on sustainability themes ranks the BME Spanish Exchange at the top. But the study’s author managing director of CK Capital, Doug Morrow, says stock exchanges need a nudge by regulators to enforce tougher disclosure standards.   The world’s stock exchanges “need a bit of a nudge” […]
Sustainability

Sustainability to create
new drivers of return

Sustainability is constructing a portfolio today on the earnings of the future, according to global head of investment content for Towers Watson, Roger Urwin. Not all performance is born equal, he says, and sustainability is performance with purpose. A cap-weighted portfolio is made up of an earnings stream based on today’s conditions, Urwin explains, with […]
Uncategorised posts

Study finds greenness equals performance

There is a positive correlation between the investment performance of REITs and the “greenness” of their portfolio holdings, according to a new paper by Maastricht University’s Piet Eichholtz, Nils Kok and Erkan Yonder. The paper – Portfolio greenness and the financial performance of REITs – finds that investment performance of REITs is positively related to […]
Uncategorised posts

Investor behaviour erodes performance

Performance is eroded by institutional investors’ decisions around hiring and firing managers according to the preliminary results of a behavioural study by Boston University that links qualitative factors such as committee characteristics with earlier empirical research on performance.
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