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The last two years have seen their fair share of volatile events. However, whilst we patiently decipher the latest data releases, there is a strong case for allocating to fixed income in multi-asset portfolios, locking in high levels of income whilst positioning for the potentially significant capital gains element.

“I’m from the government and I’m here to help”. President Reagan referred to those words as being the “nine most terrifying words in the English Language”. August 1986 feels like a distant era and in many ways it is, however the debate over what any government’s role should be in a capitalist free market system is as relevant today as it was back then.

According to my Spotify, I spent an astonishing 51,000 minutes of 2022 listening to music. For those without a calculator handy that’s a combined 35 days of listening to everything from ABBA to Zadok the Priest. Given all that time spent listening to music, you might think I’d have an idea about what it is that makes a good song

Five years in the making, I finally got round to watching Oscar-winning documentary Free Solo. An activity that involves the highest level of risk-taking may not seem the most appropriate place to identify traits to look for when searching for good fund managers to partner with. However, we know that only a small fraction of fund managers are able to outperform their benchmark over time. We are looking for another kind of outlier.

Last December I professed that 2023 would likely be a good year for UK mid-caps. My projection isn’t looking too clever now, with UK mid-caps having been modestly in the red last week since the start of the year. As perverse as it may seem, an imminent recession could actually be good for UK mid-caps.