In 2004 we built an Equity investment product – Apollo. On a daily basis it systematically values, analyses and advises on 8000 global companies; providing a unique insight into how stocks, sectors and markets are changing and where opportunities and risks are emerging. Follow those thoughts and idea here at On Balance…
Latest Blog Posts
Smart Alpha evolution
As equity investor concerns increase over lower beta return expectations from the market portfolio, increased levels of correlations between fixed income and equities and ever…
Weather Report February 2026
This month’s weather report is more of a weather alert as markets enter a “Chaos phase”. What we can see is where we have entered…
In dark times, you need a friend.
In dark times, you need a friend.I was asked this morning politely what I thought of markets, given I’ve been around a long time. Pride…
Stick, twist of fold
Last week I shared the Apollo “Margin of Safety” chart on Pepsi (see articles) and noted how it, specifically and Consumer Staples as a sector…
What, when and why? The portfolio manager’s dilemma.
I don’t start the day wondering what to write the topic finds me. Every morning brings news, earnings, or rumour that creates an explosion of…
It’s the end of the (investment) world as we know it.
At the start of last year I wrote a piece with the same title. Coming into 2025, many investors assumed 2024’s winners would stay winners….