In the spirit of lighter reading into Xmas season, this week's blog by Jack Lowenstein here at Morphic looks at a recent academic publication that examines if there is a link between the cars that Fund Managers chose and the risks they take in their fund. Turns out there is one! Now taking risk isn't necessarily a bad thing, it's just that a client needs to be compensated for that risk with higher returns. And here is the rub: it turns out that the extra risk taken doesn't pay off. Well, except for the Fund Manager who can afford the sports car. For the record: I drive a 2009 Nissan Tiida hatchback. 0-60kmh in.. half an hour. (VIEW LINK)


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James Marlay

I drive a 1998 Mitsubishi Mirage! I'm opening a new fund next week ;-)

Chad Slater

Jimmy - that takes the cake thus far on the car front!