by Richard Allum on 16 December 2009
Just a year ago, you would be forgiven for thinking that Social Networking websites were just for kids, but all of sudden the business world is using them as a powerful new tool for networking, marketing and sharing best practice. And yes, even the financial advice industry is getting on board too – because [...]
by Richard Allum on 14 December 2009
There is now a paraplanner league running on the JP Morgan Fantasy Fund Manager site which has been set up by Peter Smith-Round (thanks Peter). To join in the fun just go here, sign up and then search for the league which is called ‘theparaplanner.com’.
by Richard Allum on 10 December 2009
All of sudden I appear to be a successful fund manager, albeit in a fantasy league. I entered the JPM Fantasy Fund Manager and currently stand in 31st place out of 8,000+ entries. My portfolio has adopted a ’shoot the lights out’ objective with a risk profile of ‘highly likely to crash and [...]
by Richard Allum on 10 December 2009
This is a very interesting article (with good links) from Morningstar in the US. In the investment industry, we think risk equals standard deviation. Therefore, risk can be measured, and the amount of risk we take can be controlled. It’s a nice, clean way to fit risk into our models. If clients can handle [...]