grantham

Investment Strategy

Food crisis looms,warns GMO boss

Global investors should have as much as 30 per cent of their portfolios exposed to natural resources, more than double the current market average, because of a burgeoning worldwide food crisis, GMO’s Jeremy Grantham says. The droughts afflicting farmers in the US and the subsequent spike in food commodity prices are just forerunners to the […]
Investment Strategy

GMO shuts down Australian stock-investment team

Grantham, Mayo and Van Otterloo & Co. (GMO), the 35-year old Boston-based asset manager, has closed its Australian stock-investing unit with the loss of an unknown number of jobs. The GMO Australian Equities Trust had $198 million invested and its Small Companies Trust had $7.5 million invested as of March 31, according to the Australian […]
Unintentional

Carry-on baggage: what managers are doing about the yen liquidity bubble

Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in […]
Unintentional

Carry-on baggage: what managers are doing about the yen liquidity bubble

Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in […]