Real Name: Rob Davies
Occupation: Fund Manager
Interests: Funds, Stocks
Rob Davies is the Fund Manager of The Munro Fund.. He worked as a professional geologist in Antarctica and Australia before joining the City as a mining analyst. During his 15 years he worked for a number of brokers and investment banks including Smith New Court, Shearson Lehman Hutton and ING Barings. He was a speaker at the Financial Times Gold Conference in 1997 and worked on a number of capital market transactions in the mining industry. From 1999 to 2001 he was a writer at The Motley Fool and co-wrote “The Old Fools Guide to Retirement”. In 2002 he joined the Private Client Department of Clydesdale Bank as Senior Investment Analyst where he was responsible for writing and maintaining investment policy, selecting securities and portfolio creation until the department was sold in 2006. His experience of the stock market as an equity research analyst, personal finance writer and portfolio construction manager has given him a unique background to draw on in crafting this investment process which he now runs at The Munro Fund.
The Munro Fund seeks to buy the UK market in proportion to the forecast dividend of its constituents and in this way provide the returns of the asset class.
Web Address: http://www.themunrofund.com
Kintyre House, 205 West George Street, Glasgow,
Tel: 0141 206 0116
Timing an entry into the stock market is perhaps one of the hardest tasks any portfolio manager, whether professional or amateur, has to do. It is the great law of Murphy that dictates that any windfall or new account only arrives just after the market has enjoyed a strong upward move. There are two views on how to deal with this. One is to say…
The media has a complex relationship with capital markets. It knows capitalism is important, both for business and for individual savers, but finds the whole process far too confusing and so ends up continually referring to a few things it thinks it understands. That is why there is a constant focus on salaries and profits with little reference to risk, capital employed, investment, the competitive…
Sometimes it is the simplest phrase that captures everything in five words that some articles of a thousand words fail to do. A private client fund manager encapsulated the challenge that everyone in the financial sector is facing at the moment when she said “The problem is no wealth is being created right now”. And the GDP figures for the UK certainly bear that out.…
Active fund managers argue that they can beat the market by picking stocks that do better than the average. Risk and liquidity issues are important factors to consider here but, as an exercise to test this thesis, it is interesting to look back and see what stocks now in the FTSE 100 were the best picks 16-years ago on a total returns basis, i.e. with…
The prospect of Scottish independence raises a number of issues, one of which would be the merits of a passive fund to track Scottish companies. There are many uncertainties to be resolved affecting Scottish companies such as currency, banking supervision and regulatory regime. Nonetheless, working on the premise that existing listed Scottish companies (as defined by the Scotsman’s Scottish Share Index) retain their domicile in…
No, but you can use a passive fund with a value bias
Most people assume that passive investing allocates capital according to mkt cap. There is no reason that should apply to all passive funds and indeed the new breed of smart-beta funds give the asset class return but With other benefits.
Some interesting comments about executing index strategies http://www.indexuniverse.eu/blog/8677-whats-cheaper-index-fund-or-etf.html?year=2012&month=11&Itemid=127
Thanks for the feedback. You are right. It is your money. Contact the companies you invest in and suggest it.
At the bottom of this page there is a table listing the forecasts for total dividend payments for the UK Market over the last five years. http://www.themunrofund.com/0605_history.html It is also worth looking at the Capita dividend monitor http://www.capitaregistrars.com/publications/6408_Dividend_Monitor-v7-flat.pdf