Transforming the way investors think and act for a more privately and socially productive financial system
London, England
Joined February 2019
- Tweets14
- Following58
- Followers28
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Ricardo Research retweeted
"traditional performance monitoring reports do more harm than good"
yup
bit.ly/36hNrYd
from @rr_invest, via @Top1000Funds
Commentary on the crisis of capitalism tends to ignore the role of institutional investors in creating the conditions in which corporate short-termism can thrive - that needs to change.
linkedin.com/pulse/misdiagno…
"Technological innovations in any field are subject to risk, but financial innovations are particularly prone to abuse"
top1000funds.com/2019/06/is-…
"As well as polluted air, we have polluted asset prices."
linkedin.com/pulse/ignored-e…
Paul Woolley, Chairman at @RR_Invest in today’s FT
"Sustainability will always take second place so long as asset managers invest without reference to long-run cash flows. Reformers should look ... to reforming the whole approach to asset management, where the social gains would be immense."
ft.com/content/b8a36a08-6112…
The recent CMA review into the investment consulting marketplace recommended greater transparency around fiduciary manager performance. The resulting proposal has garnered almost universal support, but may create some unintended consequences ... ricardoresearch.com/the-tran…
In this article we distinguish between different strategy types on the basis of their impact on market stability. We argue that destabilising strategies impose a largely unrecognised negative externality on society. top1000funds.com/2019/03/sta…
The increased focus on ESG concerns is undoubtedly a positive development. But until we address the drivers of short-termism in asset management, calls for asset managers and companies to adopt sustainable strategies are likely to fail. ricardoresearch.com/idea/a-p…
Ricardo Research retweeted
My latest paper, which I presented at the @centannus Consultation Meeting in London earlier this month, on what a good and ethical finance sector should be like: johnkay.com/2019/02/21/ethic…
Mainstream finance theory offers an idealised view of how financial markets work. In A Model of Imperfection, we develop a more realistic understanding of financial markets and point towards actions that would improve outcomes for savers and society. ricardoresearch.com/idea/a-m…
"The investment industry is poorly served by mainstream finance theory, which predicts the perfection of ‘efficient markets' while ignoring market imperfections."
professionalpensions.com/pro…
An article in today's FT highlights our ideas around the private and social costs of benchmarking: ft.com/content/d73ade63-d2d7…
We elaborate further on these ideas in A Model of Imperfection:
ricardoresearch.com/idea/a-m…
We’re pleased to announce the launch of Ricardo Research – an investment advisory business with a mission to transform the way that investors think about financial markets #TransformingFinance
ricardoresearch.com/
