The dismal science produces a Happy Economist

Interesting times…

This is the last Reflections column for a while. By the time of publication I will have moved to Beijing for a few months to work on a couple of company projects and devote more time to the globalisation of Conexus Financial, this magazine’s publishing company. I intend writing a different sort of column for the magazine, which will not have the same pride of position as this, on pension funds, managers, strategies and events in the region. I will also be writing more for our Top1000Funds.com newsletter and website and doing groundwork on a large investment conference for fiduciary investors to be in Beijing late next year.

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What I took away from the world’s ‘festival of private capital’

The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.

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