President Trump’s Plan B (or is it Plan A?)
Thursday, 16 February 2017
by Jerome Booth
Mispricing Sovereign Risk Sovereign risks in developed countries are ill-perceived, belittled and often ignored altogether. This is in major contrast with emerging markets (EMs) where risks are routinely seen to be larger than they actually are. The distinction is fundamental: EMs can be defined by such shared prejudice. They are otherwise highly heterogeneous – much
- Published in Blog posts
Towards Better Asset Allocation
Tuesday, 01 December 2015
by Jerome Booth
By Jerome Booth Asset allocation as generally practiced today is widely accepted as having major deficiencies. My book “Emerging Markets in an Upside Down World” argues that it is massively distortionary, affecting hundreds of millions of people. Indices are seen as the building blocks of asset allocation, yet this is based on some simplistic erroneous
- Published in Blog posts