Maples Group Fund Services’ Post

Recency bias tempts investors with fleeting gains and overshadows the broader market view. At St. James's Place – Asia & Middle East, we defy this lure as we prioritise disciplined, long-term asset allocation and fundamental analysis. #BehaviouralFinance #Insights

Mark Kritzman, State Street Associates Founding Partner, Senior Lecturer at MIT Sloan School of Management, Will Kinlaw, CFA, head of research for State Street Global Markets, and David Turkington, CFA, head of State Street Associates, discuss their co-occurrence paper which provides a more precise measure of #asset diversification. The discussion covers how #diversification should be measured, how to overcome weaknesses in correlation as a parameter, the notion of co-occurrence and co-movement, and ultimately how to construct #portfolios considering these issues. Watch the discussion: http://ms.spr.ly/6046izb0O

Anticipation is high for the forthcoming morning session at the upcoming Portfolio Summits Houston RIA Summit on May 9th, promising a wealth of insightful discussions and presentations. To start off the day, powerhouse perspectives will take the stage to discuss evolving markets focusing on higher-for-longer interest rates, earnings volatility, and multiple expansion. Panelists reveal how they are optimizing client portfolios in response to the macroeconomic developments and detail their best investment philosophy ideas. Among others, notable speakers on the panel include Stephen C. Browne, CFA, CFP®, CIO, COO, Director at Paul Comstock Partners and Kevin A. Lenox, CFA®, CFP®, Sr. Portfolio Manager at Avidian Wealth Solutions. Subsequently, David B. Perkins, CAIA (Chief Executive Officer and Co-Founder) of Gondola Partners, will guide attendees through a comprehensive exploration of Understanding Tax Lien Investments. Perkins will examine the potential of tax lien investments, elucidating their high returns, asset-backed security advantages, bidding protocols, and strategies conducive to portfolio success. Forge meaningful connections with industry leaders - sign up today: https://lnkd.in/dz-PxmWg #PortfolioSummits #RIA #InvestmentInsights #Houston #Texas #Investorsummit

Mark Kritzman, State Street Associates Founding Partner, Senior Lecturer at MIT Sloan School of Management, Will Kinlaw, CFA, head of research for State Street Global Markets, and David Turkington, CFA, head of State Street Associates, discuss their co-occurrence paper which provides a more precise measure of asset diversification. The discussion covers how diversification should be measured, how to overcome weaknesses in correlation as a parameter, the notion of co-occurrence and co-movement, and ultimately how to construct portfolios considering these issues. Watch the discussion: http://ms.spr.ly/6040inOxA

It is always a pleasure to meet investors in person! On Wednesday, The City of London Investment Trust (CTY) fund manager, Job Curtis and the Janus Henderson Investment Trusts team attended the latest AJ Bell Investor Seminar. Job gave an update on CTY to AJ Bell’s investors, of which an on-demand recording will be available soon, whilst the Investment Trusts team were delighted to answer questions about CTY from interested visitors to our stand. #JanusHendersonInvestmentTrusts #JHI #JanusHenderson #Investing #InvestmentTrusts #Stocks #MarketingCommunication For UK investors only. Capital at risk.

Really enjoyed the Morgan Stanley Family Office conference yesterday. Some great speakers from the Investment, Commerce and Political sectors alongside a high quality attendee list from the Family Office / Private Wealth space. The venue for the event was impressive (The Londoner Hotel), although at a discounted rate of *only* £450 I opted to stay somewhere a little more cost effective… A few takeaways; ▪️Private Equity now contributes to almost 40% of global M&A, up from 20% pre-covid. ▪️Private equity funds hold over $1trillion in cash to deploy, the question is where to deploy it! ▪️Hedge funds are back. Declining correlations between asset classes and heightened interest rates tends to work well for hedge strategies. This aligns with our own views that a selective allocation to hedge funds makes sense. ▪️Geopolitics should be considered more than ever. Philip Lader (ex Bill Clinton cabinet adviser) quoted “the powder is currently dry, but there are too many players running around with matches” - Ian Bremmer. After years of investment markets shrugging off such issues and a year of potentially transformational elections, maybe it’s time we start to take notice… Not financial advice. #familyoffice #assetowners #morganstanley #privatewealth Harvey Lewis Daniel Hawkes

Mark Kritzman, State Street Associates Founding Partner, Senior Lecturer at MIT Sloan School of Management, Will Kinlaw, CFA, head of research for State Street Global Markets, and David Turkington, CFA, head of State Street Associates, discuss their co-occurrence paper which provides a more precise measure of asset diversification. The discussion covers how diversification should be measured, how to overcome weaknesses in correlation as a parameter, the notion of co-occurrence and co-movement, and ultimately how to construct portfolios considering these issues. Watch the discussion: https://lnkd.in/ex3VxTYW

Mark Kritzman, State Street Associates Founding Partner, Senior Lecturer at MIT Sloan School of Management, Will Kinlaw, CFA, head of research for State Street Global Markets, and David Turkington, CFA, head of State Street Associates, discuss their co-occurrence paper which provides a more precise measure of asset diversification. The discussion covers how diversification should be measured, how to overcome weaknesses in correlation as a parameter, the notion of co-occurrence and co-movement, and ultimately how to construct portfolios considering these issues. Watch the discussion: http://ms.spr.ly/6049iMBdT

Mark Kritzman, State Street Associates Founding Partner, Senior Lecturer at MIT Sloan School of Management, Will Kinlaw, CFA, head of research for State Street Global Markets, and David Turkington, CFA, head of State Street Associates, discuss their co-occurrence paper which provides a more precise measure of asset diversification. The discussion covers how diversification should be measured, how to overcome weaknesses in correlation as a parameter, the notion of co-occurrence and co-movement, and ultimately how to construct portfolios considering these issues. Watch the discussion: http://ms.spr.ly/6041iR42L

Building on the trends of recent years, private market investments are now the largest-held asset class for North American family offices. Learn more from the North American Family Office 2023 report by RBC, in partnership with Campden Wealth. https://lnkd.in/gUzXWEqe