by Richard Waddington | May 18, 2022 | Asset Management, Portfolio Construction, Position Sizing, Risk Management, Stocks
Portfolio Managers need to balance many competing objectives and constraints while expressing their views across a large number of assets. This is a complex problem and it is hard to find a way of showing that the solution (the invested portfolio) meets these...
by Richard Waddington | Oct 14, 2020 | Asset Management, Portfolio Construction
Art vs Science – Have we progressed since 1959? In 1959, the British scientist and novelist C.P. Snow gave a lecture on how art and science separated people. It caused a huge furor which has continued to this day. Snow argued that people who sat on one side of...
by Richard Waddington | Oct 14, 2020 | Asset Management, Portfolio Construction, Process Alpha, Uncategorized
Robo-Advisors, 2/3rds of the way there… It’s 2018, Robo-cop doesn’t yet exist, but Robo-Advisors are very much ‘in’. And it’s not hard to see why. Businesses like US-based Wealthfront and UK-based Nutmeg promise to build anyone a portfolio that suits their risk...
by Richard Waddington | Oct 14, 2019 | Asset Management
Asset Management and the struggle with innovation I saw the cartoon above on LinkedIn a while back, and I’ve been thinking about what’s going through the minds of the team dragging the box: not least because they remind me of how it sometimes is when you work in...
