Jenny Rodgers joined PPM (now M&G) in 1994 as an analyst of European equity markets and a portfolio manager for external clients. She has been in her current role as a member of the multi asset team since 1999. In January 2011, Jenny was appointed co-manager of the M&G Episode Growth Fund. Jenny is a CFA charterholder and has a BA honours in economics from Exeter University.
The annual ‘Black Friday’ phenomenon is well known for producing some unusual human behaviour. Consumers rush to take advantage of lower prices, displaying the classic biases associated with group dynamics: myopia, and a fear of missing out. We often see people in a crowd doing things that… Read the article
All those wasted hours of analysis.
The investment industry has produced countless pages of content on the US election; who would win, how markets would respond, how to protect against risk and generate returns… The consensus was that the result would be hard to call, but that a Clinton win… Read the article
Mid way through the announcement season, profits in the US, UK and Europe are coming in stronger than expected, and the momentum in analysts’ expectations has improved. The FTSE 100, buoyed by a pick-up in commodities and the currency impact post-Brexit has actually seen increases in analysts’ forecasts.Read the article
A week on, where are we?
Friday 24th June feels like a long time ago – so much has happened since then. Sterling has dominated the headlines here in the UK. It has risen a little from the initial post-Brexit low of 1.312 against the dollar, but is still down… Read the article
Markets have recently experienced some heightened volatility, which at times has been explained by commentators as being due to the changing expectations around the outcome of the UK referendum. Last week, equity markets globally experienced losses, while ‘safe haven’ assets, such as G7 government bond markets, rallied. The biggest currency… Read the article
Let’s start with some facts about profits. US companies have started reporting their Q1 numbers and so far it seems that the numbers are coming in ahead of expectations. But immediately we have problems – which definition of profits is being described here? Don’t companies nearly always beat expectations?
It… Read the article
There is something about the beginning of a new calendar year that seems to induce some slightly odd behaviour amongst some people. I’m not just thinking about all the new years’ resolutions to go the gym or cut down alcohol.
What’s odd is the continued desire to make financial market… Read the article
A week ago I had the privilege to attend a lectureby the distinguished and inspirational Howard Marks of Oaktree Capital. The lecture was part of the CFA eminent speaker series. The room was packed – one of the highest turnouts the CFA have experienced for such an event.
Howard based… Read the article
9th March 2009 might not be a memorable date for the vast majority of the population, but for many of those who work in financial markets it’s a date they will always look back on. It marked the low in the… Read the article
With the third quarter results season just about to get started in the US, the market will be focussed on the profits story in the coming weeks. Having rallied by over 7% already this year after an impressive nearly 30% price rise in 2013, there are some commentators who are… Read the article