Those investors who entered 2015 long of European Equities vs. other Developed Markets seem to be patting themselves on the back currently. No doubt the performance looks great on paper. If it only were that simple. The local returns are meaningless if they are generated in a currency that is falling faster than an elephant attempting to cross the Embankment on a two-wheeler!   The Euro is down 13% year to date with the European markets...

Last few months most tabloids, journals and sell side notes have been obsessed with Oil and the implications for various producers, consumers, exporter nations and what it means for their central bank policies. Yawn! In the meantime, Copper, Iron Ore, and Thermal Coal seem like the step brethren of the Commodity family. As much as we all would like to call the bottom in Oil (present company included), investors need to make sure they are not...

Asset classes go in and out of style faster than all the couture collections displayed on the Milan, Paris and London catwalks put together. Are we a part of the Asset Management industry or the Fashion industry? I would like to think its the former but given the moves seen recently in sectors and asset classes violently going in and out of vogue (no pun intended), sometimes I wonder if I should start attending Fashion week instead of the Energy...