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
MAR
DAD DANCING
A very happy vernal equinox to one and all. The fog, gales and driving rain on Bodmin Moor this morning left no doubt that today is indeed the first day of astronomical spring. It is also, so I have discovered, International Day of Happiness. Especially for ducks.

13
MAR
A TONGUE, SHRILLER THAN ALL THE MUSIC
We can get this bit out of the way at the outset. The Federal Reserve is going to raise the cost of American borrowing on Wednesday, which so happens to be the Ides of March. The markets though are not so much beware of the soothsayer as thinking they are Crocodile Dundee. It is Caesar saying to Brutus, ″That's not a knife. That's a knife.″

06
MAR
IN DEFENCE OF ACTIVISM
One of the more important lessons to learn in investment management is that you are not the repository of all intelligence. I have long cited my greatest influences as being Warren Buffet and Eric Idle; it pains me greatly that one of these has faded into increasingly acrimonious irrelevance and fails to recognize his declining powers of perception.

27
FEB
30 SECONDS CLOSER TO MIDNIGHT
It is a long way to Manchester. Maybe not from Stockport, but it sure is from Cornwall. Especially when you dont know that someone in Whitehall has decided that it would be a jolly wheeze to dig up the M6 all the way from Birmingham. And even more so when two chaps in white vans think its helpful to drive into each other.

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'.

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