PRESS CUTTINGS ETC


This was my Company of Independent Financial Advisers and Investment Managers in the UK
It was highly respected.
We had insights that others did not have which enabled us to...
...to disprove that markets are efficient. If you see further than most and faster than most you can out-perform most most of the time.

This is how well we did compared to the best alternative managed fund run by any institution in the UK at that time.
The best alternative is the centre bars over various periods. The Worst alternative is the left hand bars.
This printout by the independent data source Micropal shows that we out-performed the institutional award winner. So their performance was best and ours was better. We were not included as an award contender because we were not a big institution.
Their Marketing people kindly acknowledged this achievement by sending the graphs above.
A fair summary of our achievements in the local newspaper. We also got regular write-ups in the Financial Times, and all the major financial journals.
Not all of our ideas were accepted although according to a letter from Garry Heath, mentioned here, this idea has never been surpassed by anything that has been put in its place. He puts the failure to be adopted down to a financial crisis hitting just as it was about to be adopted and of course I had been put out of business by the new regulations and so I emigrated at about the same time.
This was the lead into a really significant series of articles published by the Building Societies Gazette. The ideas were an outline of what is in place now as Steve Short, the deputy editor confirmed in writing. Steve also said that these ideas did change some ways of thinking in the lending industry. Some of the ideas were adopted.
The ideas were all vetted and supported by the Housing From Income Committee which I had founded. Here are three of us including Michael Morris MP (now The Lord Naseby) at the House of Commons as we were invited to meet the Shadow Housing Minister.

No comments:

Post a Comment