Insights

Articles and reflections

We like to keep things simple and straightforward. But the world is complex and requires thoughtful reflection.

Since 1987, the firm has published occasional articles each year on topics of general investment interest. We continue to share our thoughts and insights here.

Please note that the views expressed in these articles and videos reflect the view of their author at the time of publication and should not be regarded as advice or an offer or solicitation to conduct investment business.

8th January 2026

Whatever happened to ESG?

ESG investing and the energy transition have failed to reduce global carbon emissions over the last decade. What factors have slowed the energy transition? And how should investors prepare for the next ten years?

1st December 2025

AI: promises and perils

The fluid and often conflicting narratives around artificial intelligence (AI) are challenging for all of us. But what’s hard fact, and what’s speculative fiction? And how should we think about AI as we look to …

8th May 2025

Energise! - A talk by Graham Cooley

Our Harrogate office recently hosted a guest speaker event, where energy expert Graham Cooley gave a talk on the UK Energy Transition, asking the question ‘Is full electrification the answer to decarbonisation?’ Graham outlined where …

17th January 2023

Gas, LNG, and the Energy Crisis

Our London Office hosted Dr Gavin Law as part of a series of talks on the energy transition and climate change. Dr Law is Head of Gas and Power Consulting at Wood MacKenzie and is …

31st May 2022

Time for a better way of assessing corporate behaviour

Most big public companies profess a keen concern to justify “green” credentials. But we urgently require a more coherent means of testing the reality of corporate commitment to the cause. This piece suggests such a …

26th April 2022

The energy transition starts and finishes with metals

Our London office hosted Julian Kettle from Wood Mackenzie for a talk on the importance of metals in the energy transition.

14th May 2021

Bhutan has an interesting priority …..

A number of countries (including the UK) acknowledge the worth of non-economic factors to people’s wellbeing and many try to measure their scale. None, however, yet appear to have identified national happiness as their central …

11th May 2021

Can we buy our way to net zero?

Professor Allen’s talk is insightful, thought-provoking and highlights some of the complex issues that have to be considered when making investment decisions with climate change in mind.

1st October 2020

We need refreshment for tired hearts

When it comes to refreshment of the mind and emotional release, the creative and performing arts play a vital role. Their value is underestimated.

Deprived of audiences and normal sources of income, the arts need …

15th May 2020

Chance to recover some real value from the mess

Pressures from the Virus are reinforcing changes in social priorities. The political class bows in response. Beyond the immediate ghastliness we may find the building blocks of a better future.

1st June 2014

Rich pickings do not always mean contentment

‘Bonus’ incentives had become disproportionate to any value contributed and stakeholders were increasingly intolerant of them. Far the most effective incentive to do one’s best is job satisfaction, not extravagant remuneration.

1st July 2009

Responsibilities of the free market

One could hardly exaggerate how angry people were in 2009. In Britain, there has never been any shortage of the disaffected. But by summer that year, passions came to the boil and the apparent reasons …

1st September 2004

The investment manager’s job should be to...

Beguiled by the claims of some financial practitioners, investors seemed repeatedly to be mistaking where investment treasure was to be found.

Regular caricature of the City tipster had no doubt coloured perceptions, but the financial …

20th April 2004

Benefits of transparency

Half way through Tony Blair’s 10 year term, disillusionment had set in. Much had been promised and much expected. Failure to meet targets set for public services fed public frustration and fostered mistrust.

An air …

1st February 1999

Taking pride in work

Sport was one area where the founders of the firm fell out. One, a thoroughly modern man, a realist, harboured no Arcadian dreams about what once was known as the ‘amateur’ ethos: the other, a …

1st September 1995

Corporate greed

Despite glorious weather throughout the summer of 1995, the public mood had been soured by dark resentment. Executive pay at British Gas had become a lightning rod for malcontents, but a wider underlying concern centred …

12th August 1992

Growth in a ‘New Age’

By the Spring of 1992, concerns were being aired at meetings of the G7 and other international forums, about the flattening out of economic growth rates and the possibility of renewed recession. Growth in the …

10th April 1992

New priorities

Rather against the odds, John Major had been re-elected at the April 1992 general election. The opposition leader, Neil Kinnock, for all his success in modernising Labour Party policy, had been perceived as shallow and …

1st November 1990

Protecting loveliness

1990 was the base year of calculation under the Kyoto Protocol for monitoring progress towards the agreed target emission reductions, country by country. As early as 1988, Mrs Thatcher had noted in a seminal speech …

15th September 1989

Business standards

Sheer power of personality to carry through a stratagem, however harmful, revealed itself as clearly in the political and economic events of 1989 as it had in wartime.

We felt then, as we do now, …

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