WELCOME TO HAWKSMOOR RESEARCH

This is the home of Hawksmoor's Research Department. Here you will find our latest articles, blogs, and presentations.

INNOVATION

Innovation is a weekly financial markets blog written by Jim Wood-Smith, CIO Private Clients.
20
FEB
TOMATO SAUCE FOR THE GOOSE AND KETCHUP FOR THE GANDER
My bet is there will be a lot of grumpy column writers this week. Poised, with keyboards polished, knuckles cracked and fingers moisturized (Dove, of course) to write worthy explanations of why Kraft's bid for Unilever is 'just not going to happen'.

13
FEB
AND IF THE DAM BREAKS OPEN MANY YEARS TOO SOON
Times change. They always do. The week will come when President Trump will not be headlines. Honestly. This time last year it was inconceivable that markets would ever worry about anything other than oil. You may even remember a time when the future of the world was allegedly dependent upon an election in Greece. Market fads come and go as if they were, err, fads.

06
FEB
THE MIDAS TOUCH
Can things get any better? We have a whole week's data and commentary to show that the world's economy is just fine. Growth is picking up, inflation is a non-event, the dollar is drifting down, as are bond yields. Companies are making more profits and more deals. The scenario is so golden that even the price of gold is rising. The only thing missing is King Midas.

30
JAN
A TURKEYS BEST FRIEND
A week of storms and gales is long overdue. The weather looks pretty bad too. So far so good. Two weeks into his presidency Mr Trump has managed to upset pretty much the whole of the non-American world. This is not going to go well for anyone, including financial markets.

23
JAN
THIS IS IT BOYS, THIS IS WAR
It is not officially recorded who first said that truth is the first casualty of war. Candidates include US Senator Hiram Johnson (in 1918), Samuel Johnson from 250 years earlier and most persuasively, Aeschylus from around 500 BC. We should have no doubts that the Trump Administration considers itself at war with anyone or anything that may dare to have a dissenting view. Ninety-nine red balloons go by.

Archive:

THEMATIC RESEARCH

A collection of "bite-sized" research articles exploring a variety of investment themes and opportunities.

AIM PORTFOLIO SERVICE

Through Hawksmoor's AIM Portfolio Service, our clients invest in growing UK smaller companies, and potentially reduce their inheritance tax.
Latest Newsletter
Factsheet
Brochure
Application Form
Charges
Terms & Conditions

JARGON BUSTING

The investment world loves a flutter of jargon. It makes commentators sound ever so clever.
Yet behind this flamboyant lexicon are often some fairly simple, easy-to-grasp concepts.
Here is a collection of articles seeking to extract the crux from the complex, the idea from the over-engineered.
Alpha & Beta Behavioural Finance Bull & Bear Markets
Contango & Backwardation Contingent Convertible Bonds Correlation
Cyclically Adjusted P/E Ratio Diversification Duration
Enterprise Value Gearing Hedging
High Frequency Trading P/E vs. P/B Put & Call Options
Risk Share Buybacks Sharpe Ratios
Short Selling / Stock Lending Smart Beta Structured Products
Tracking Error Value at Risk

UNDERNEATH THE ARCHES

Underneath the Arches is our quarterly newsletter for private clients, in which we attempt to explain what has happened in investment markets in recent months and to lay out our expectations for the future.




"The risks from failure may have increased, but if we stay on the rope, the returns from financial markets may be incongruously good. We need to walk the line."

-- JIM WOOD-SMITH

ABOUT US

Hawksmoor Research

Hawksmoor specializes in providing high quality discretionary portfolio management. The Research Department, supported by Hawksmoor's Fund Management Team, oversees our investment process and the stocks, bonds and funds that we include in our portfolios.

It is a virtue of our size that we do not have to have an off-the-shelf view on every investment in the universe. Our process is highly targeted: we are snipers rather than having analytical armies. Instead we concentrate our efforts on identifying the very best stocks, bonds and funds for our portfolios.

Nor do we worry about the composition of stock market indices, believing that size is no guarantee of quality, and we like to think thematically rather than over-analysing shorter-term market noise. Our focus is on blending quality, value and momentum, to identify attractive investments for our clients.

To find out more about Hawksmoor, please click here.


JIM WOOD-SMITH
CIO Private Clients


IAN WOOLLEY, CFA
Senior Investment Analyst


JAMES CLARK
Fund Analyst


Health Warning / Disclaimer

This document should not be interpreted as investment advice for which you should consult your independent financial adviser. The information and opinions it contains have been compiled or arrived at from sources believed to be reliable at the time and are given in good faith, but no representation is made as to their accuracy, completeness or correctness. Any opinion expressed, whether in general or both on the performance of individual securities and in a wider economic context, represents the views of Hawksmoor at the time of preparation. They are subject to change. Past performance is not a guide to future performance.

Hawksmoor Investment Management Limited is authorised and regulated by the Financial Conduct Authority, is registered in England No. 472929, and its registered office is at 2nd Floor, Stratus House, Emperors way, Exeter Business Park, Exeter EX1 3QS.


© 2014 - 2017 Hawksmoor Investment Management Limited