The NASDAQ Whale

The NASDAQ Whale

The Nasdaq Whale John Leiper – Chief Investment Officer – 7th September 2020 The ACUMEN Portfolios continue to perform well. As you can see from the table below, performance for the rolling quarter (to the end of August) remains strong relative to the...
A Speech For The History Books

A Speech For The History Books

A SPEECHFOR THE HISTORY BOOKS John Leiper – Chief Investment Officer – 1st September 2020 In a speech for the history books, last week Fed chairman Jerome Powell announced a significant change to the way it conducts monetary policy by formally announcing...
Room to Run

Room to Run

ROOM TO RUN John Leiper – Chief Investment Officer – 24th August Despite the fact the coronavirus has plunged many countries into recession, global equity markets are now back at all-time highs, as measured by the Bloomberg World Exchange Market...
Rising Phoenix

Rising Phoenix

Rising Phoenix John Leiper – Chief Investment Officer – 17th August In The Return Of Inflation (5th June 2020) we made the case for a transition from the existing deflationary narrative to one in which markets start to price-in inflation. Earlier in the...
A Currency For All Seasons

A Currency For All Seasons

A Currency For All Seasons John Leiper – Chief Investment Officer – 9th August Having identified, and benefited from, the 7% fall in the value of the US dollar index since late April, we have now turned tactically cautious. Since breaking through its 10...
All That Glitters…

All That Glitters…

All That Glitters… John Leiper – Chief Investment Officer – 31st July 2020 In last week’s blog, This Time It’s Different (24 July 2020), I suggested the US dollar was on the cusp of crashing through its decade-long uptrend. This week the US dollar...