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

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read