A glossary of key investment terms Active strategy: an investment approach where the investment manager uses skill and judgement to improve returns. Actuary: a professional that uses their mathematical skills to measure the probability and risk of future events and to predict their financial impact on a business and their clients. Annuity: a guaranteed income […]
Author Archives: Jonathan Smith
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Books and resources worth exploring alongside Big Small Money Expected Returns, by Antti Ilmanen A rigorous exploration of risk premia and other drivers of investment performance. Has influenced the thinking of many professional investors in multi-asset investment teams. The Strategic Bond Investor, by Anthony Crescenzi One of the first books I read on fixed income […]
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£1.1 trillion is invested in a part of the UK financial system that most people have never heard of. In the second half of the 20th century hundreds of companies, including many household names like British Telecom, Tesco and Marks and Spencer, made a valuable promise to help look after their employees financially in retirement. […]