Contrarian investor: a public elf warning

CONTRARIAN

clock

Just days away from the start of the festive season, I was sorely tempted to splash with an exclusive - yes kids, a chat with Mr Santa Claus about his personal investment portfolio.

After tracking him down to a non-descript industrial unit next to Westfield shopping centre, I interviewed the great man about his preference for different asset classes (toy manufacturers bullish, bearish nuclear power) and his take on the likely duration of Operation Twist (two more years until the bottom falls out of the bond market – smart man, Claus). But the grand shaggy dog of winter fun also admitted he did not have much time to constantly monitor his massive investment portfolio – he left that to a bunch of elves in the Swansea-based back office who had in turn employed a very s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read