Thank You for caring and making a real difference. Twelve Months ago on Monday 3rd September 2012 I took the leap and took on the Descent the Shard. Why, to raise serious amounts of money for charity, and to push myself way outside of my comfort zone.
On Friday 27th July 2012 the London Olympics inspired the world. Athletes in Team GB, such as, Jessica Ennis, Mo Farrah, and Andy Murray demonstrated to the world the ability to win gold medals and achieve incredible goals. What is the common thread of high performance that these and all other olympic athletes demonstrate? Can we learn from them and apply them to solve the global pensions challenge? I have identified 3, the importance of mindset, skill set and toolset:
For those managing personal or institutional money, the world is becoming more Volatile, Uncertain, Complex and Ambiguous.
The enormity of Andy Murray’s win at Wimbledon last Sunday still hasn’t quite sunk in across our nation.
Last week, we at Redington released an annual publication called Asset Class 2013. It was put together by Redington Head of IC David Bennett and his team of consultants, who deal with over £270 bn of assets and the people who run those assets, on a daily basis, helping them to repair deficits and improve member security through smart investment strategy.
Pension funds face an eternally difficult process of setting goals and then making sure they reach them. It doesn’t sound complicated, but it is.
HM Government are urging pension funds and insurers to increase their investment in UK infrastructure and housing. See Match.com? Making the pensions and infrastructure romance work. But what do these asset classes offer pension funds and insurance companies and do the potential rewards really justify the additional governance and risk?
Pensions has always been a tricky business. But perhaps never more so than in 2013. The regulation changes of the early 2000’s rewrote the rulebook for those running pension funds, and a survey of the key challenges of that time would have produced, it seems logical to assume, a set of concerns about changing regulations, accounting issues that accompany them, and governance. Today, the landscape has changed. Pension funds, on the whole, got to grips with those systemic changes in pension infrastructure only to be faced, in 2008 onwards, with the greatest seismic economic shift of our lifetimes. It wasn’t just that markets plummeted and equities didn’t turn out to be the knight in shining armour pension funds had hoped and planned they would be; it was that the very foundations of modern economic markets changed. Everything we thought we knew about risk, return and the relationship between the two, was called into question. Now, in 2013, we are all still acclimatising to our new normal.
You are cordially invited to listen to the N@ked Short Club on Monday, June 10th – Hosted by Dr. Stu 9-10pm/21.00-22.00 hrs., London time, on Resonance FM [104.4FM]: 1 hour of loose talk about hedge funds and the state of the world, plus sweet poetry and heady music.
No promotional agenda, no commercial intent…just Purest Alpha and Ponzi Bier in these interesting times.