Showing titles in Personal Finance

Roger Camrass has a fascinating place in world history. As part of the team that designed the ARPANET in the 1970s, he is partly responsible for laying the foundations of the internet. In this episode, Ian asks Roger for his thoughts on what the internet has become, and what’s gone right and wrong. Roger also offers his vision of the economy of 2040 and how investors can invest for growth and dividends within the new paradigm. We also delve into demographic shifts and how they will reshape the world.

Ukrainian refugee Oksana Kononenko describes the journey from her war-torn homeland to Switzerland and how she found a job at Zurich bank Bergos after a brief appearance on television. She also discusses private banking in her homeland before the war.

The money being spent on NFTs is ludicrous. But when you think about it, what’s new? Artist Eric Drass joins The WealthTech Show to discuss parallels between the physical and digital worlds, and what’s driving the demand for non-fungible tokens. Eric tells us about the NFTs that he’s created and sold, and the dubious ethics involved in using certain cryptocurrencies for the transaction. This is an open and lively chat about a confusing new trend, and an unexpected reflection on the relationship between art and capitalism.

Welcome to Mistakes Were Made, a new podcast from Citywire that asks investors about their worst mistakes and what they learned from them. Hosted by Citywire’s US editor Alex Steger and head of research Frank Talbot, each week we hear from an investor about their biggest errors and the lessons that came from them, all in an effort to help us make better investments. Our guest for this episode is Liz Simmie, the co-founder of Honeytree Investment Management, a boutique ESG manager, headquartered in Toronto, Canada. In this interview, she tells Alex and Frank about the dangers ...

Maria Teresa Zappia, chief impact officer at Blue Orchard, shares her lessons from a career working in development banks around the world in the latest episode of Citywire’s Thanks, I quit podcast. These include how many investors exaggerate the risks of emerging markets and making sure social development is not forgotten amidst fears of global warming.

For our latest episode of Mistakes Were Made, we are joined by Shannon Saccocia, CIO at Boston Private. She tells Alex ad Frank about a time she backed a breakaway boutique manager, but things did not turn out as planned. Spoiler alert: ego plays its part. Shannon and Frank commiserate with one another about a shared mistake in their respective retirement accounts, and a previous podcast guest gets a kicking (kind of, but not really). Enjoy!

For the second episode of season 2, we are joined by Simon Hallett. Simon is the vice chairman of Harding Loevner, an asset manager that specializes in global equities. He’s also the owner and chairman of Plymouth Argyle Football Club. Simon tells the Mistakes Were Made team about the dangers of making market forecasts, why portfolio managers shouldn’t put money in their own funds, and how buying a sports team is both the best and worst investment he has made.

Death doesn't need to be a morbid topic says Sam Grice, CEO of Guardian Angel. In this week's WealthTech Show we discuss the tech that makes it easier to handle death-related admin, while pausing to consider some weird and wonderful suggestions on how to leave a legacy. This discussion raises interesting questions, not just around tech but also around life planning. Are you prepared, in a practical sense, for your own death? And who, if anyone, will be able to access to your cryptocurrency and social media pages?

Aperture Investors’ founder Peter Kraus takes aim at a major failing he thinks is hurting asset management industry, as well as his own slow response to the need for a serious shift in mentality. The former AB chief also talks about other elements of engrained thinking that could be deemed problematic.

GEM countries may be slowing but there are some amazing companies there

A godfather of gatekeepers, Bob Boyda reflects on a life in manager selection and some of the mistakes he made along the way. He tells Alex and Frank about the dangers of digging for undiscovered managers, red flags in China (pun very much intended) and reveals a killer question all fund buyers should be asking PMs. Bob is the former head of capital markets and strategy at Manulife Asset Management. During his time there, he designed and ran the firm’s multi-manager portfolios, setting asset allocation and selecting PMs to run subadvised funds.

Forget Gamestop, think Clean Energy. Nisha Long tells us about the latest Citywire thematic sector where managers have racked up amazing gains (but still trail some passive options by a long way) while Frank Talbot looks at the US market as the country adapts to a new president and treasury secretary.

Steve Clapham, founder of Behind the Balance Sheet, talks aggressive accounting, ESG and the capital cycle.

In the latest Citywire Ratings Radar episode we look at our annual Alpha Female report and ask whey things are getting better so slowly.

From ‘Tiger mum’ regulators to emotional stock pickers, there is a lot that Western investors (including Frank!) don’t understand about Chinese markets. Rayliant Global Advisors’ CIO Jason Hsu joins Mistakes Were Made to educate us (and the rest of the Western hemisphere) about China.

Alex and Frank are joined by Mark Holman, CEO and portfolio manager at TwentyFour Asset Management, a boutique bond shop running some $28bn. Mark told us about an error he made going into the Covid crash of 2020 and how the lessons learned from that mistake helped the firm position well for the recovery. One of our most prepared guests yet, Mark also ran us through a list of common mistakes all bond investors make and what can be done to avoid them.

For our sixth episode of Mistakes Were Made, we are joined by Gene Goldman, CIO and director of research at Cetera. Gene and his team oversee a recommended list of funds and run a suite of discretionary portfolios for Cetera, which has around $80bn of assets under management. He tells Alex and Frank why it isn’t always right to drop a fund when the lead manager exits, the best questions to ask PMs, and shares a cautionary tale about a team of missing analysts. Ooh, mysterious!

Thish De Zoysa founded Their Perfect Gift, a prepaid gift card company, after working in insolvency and seeing thousands of pounds of gift card purchases go to waste each year. In this episode, Thish tells his story in more detail, and shares the lessons that he’s learned about challenger banks, neobanks, and online payment innovations. The message is simple: technology is helping clients to access services that meet their own specific needs. If you run a financial advice or wealth business, you’d do well to be aware of what’s happening.

Even in 2022, wealth managers and financial advisers are using poorly integrated technology. It is a problem that creates needless delays and hassle, leaving us with one foot stuck in the twentieth century. This time on The WealthTech Show we speak to Ian Hutchinson and Emma Napier, both part of the business development team at Bravura Solutions. We look at the hassle caused by technology that does not communicate with the rest of your tech stack, and we discuss the potential for microservices to power bespoke and flexible propositions in advice and wealth.