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The Retreat of Globalisation Gervais Williams

The Retreat of Globalisation By Gervais Williams

The Retreat of Globalisation by Gervais Williams


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Summary

In The Retreat of Globalisation, award-winning fund manager Gervais Williams outlines why we are entering a period when the culture of financial markets will change more in three years than it has in the last 30.

The Retreat of Globalisation Summary

The Retreat of Globalisation: Anticipating Radical Change in the Culture of Financial Markets by Gervais Williams

In The Retreat of Globalisation, award-winning fund manager Gervais Williams outlines why we are entering a period when the culture of financial markets will change more in three years than it has in the last 30.Globalisation has been running into headwinds for a while, but until recently few appreciated that it had already passed its high-water mark. With the benefit of hindsight, we can now see events like Brexit and the election of Donald Trump in the context of a new social - and economic - trajectory.Markets have already entered a period of flux. Social disenchantment with globalisation was already a political issue. But the market implications of a retreat from globalisation remain greatly under-appreciated.How can savers know what might constitute the best stocks in this changed world? The Retreat of Globalisation argues for some unconventional yardsticks going forward. The answers may seem counter-intuitive to those who have only known one set of economic conditions. But the need to find those answers has never been more pressing.

The Retreat of Globalisation Reviews

"...serious investors should read it because it is thought provoking and challenges conventional thinking." -- Rodney Hobson, Morningstar and author of Shares Made Simple "Williams writes well - not always a given for fund managers - and his 30 years of investing experience gives his arguments credibility to my mind and this is an accessible read that makes you think a bit more than other books out currently." -- Lawrence Gosling, founding edtor Investweek Week and editorial director Professional Adviser "Williams' focus on the importance of corporate profit margins is particularly welcome and his investment recommendations are sensible without being obvious. Both private investors and professionals should take the time to read this book." -- Matthew Partridge, MoneyWeek

About Gervais Williams

Gervais Williams is an award-winning equity fund manager. As a professional investor, he has exceptional credentials. He received Grant Thornton's Quoted Companies' Award Investor of the Year in both 2009 and 2010; then in 2012 his Diverse Income Trust was recognised as the Best New Investment Trust by the Association of Investment Companies. He was also What Investment's Fund Manager of the Year 2014.Gervais is a respected commentator on prospective market trends. He outlined his controversial views in his book Slow Finance in 2011 and developed those ideas in 2014's The Future is Small.Gervais has worked in the City since 1985, where he is particularly well-known for the management of clients' investments in small to medium-sized UK companies.

Table of Contents

AcknowledgementsForewordIntroduction1. The World as We Know it2. The Strange Case of Corporate Profits3. The Age of Plenty4. The Second Major Credit Boom5. The Balance Between Growth and Decay6. A Profits Recession7. Aggregate Risks8. Turn and Face the Change9. Niche is Nice10. Productivity Improvement11. Superior Service Standards for Superior Returns12. Risk ReductionConclusion: The Changing Face of FinanceBibliographyIndex

Additional information

GOR008191004
9780857195753
0857195751
The Retreat of Globalisation: Anticipating Radical Change in the Culture of Financial Markets by Gervais Williams
Used - Like New
Paperback
Harriman House Publishing
2016-12-05
134
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

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