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Simon Scott is an experienced freelance print journalist based in Tokyo, Japan.
Portfolio
Essential sectors that drive Australia's economy
Australia's strategic location in the Asia-Pacific region, political stability, and robust legal framework make it an attractive destination for investment. Key sectors driving the economy include financial services, energy and resources, health, infrastructure, real estate, and agribusiness. The financial services sector is undergoing digital transformation and regulatory scrutiny, while the energy sector is shifting towards renewables. The healthcare industry is growing due to an aging population and digital health advancements. Infrastructure investments are crucial for economic growth, with a focus on sustainability. The real estate sector is resilient despite global uncertainties, and the agribusiness sector is adapting to new consumer preferences and technological advancements. The technology, media, and telecommunications industry is poised for growth with emerging technologies and a thriving start-up ecosystem.
Market Wizards Wave Their Wands but Investors Miss the Magic
Systematic trend strategies have seen a resurgence, reminiscent of their success in the 1970s, with market dispersions in the past five years providing a favorable environment. Despite this, investor returns have lagged due to poor timing and selection. The category has seen significant inflows, with $8.5 billion in the first 10 months of 2022, and total assets nearing $25 billion. However, the average investor has not fully benefited from the performance of top funds like AQR Managed Fund HV, Pimco Trends Managed Futures, and Virtus AlphaSimplex Managed Futures due to the timing of their investments. The systematic trend category is complex, with factors such as the number of markets traded, esoteric markets, volatility levels, signal speed, and nontrend influences affecting performance.
The Winners Take It All in Liquid Alternatives
Morningstar's 2021 Global Liquid Alternatives Landscape report shows significant inflows into the liquid alternatives sector, totaling $28.86 billion in 2021, with every category receiving inflows for the first time in over a decade. The report suggests investors are seeking ways to limit downside risk amid concerns about inflation, interest rate increases, and market volatility. Options trading and relative value arbitrage categories gained the most, with the top 10 strategies accounting for 90% of the inflows. These strategies are also the largest within their categories, indicating a preference for funds with perceived staying power. Performance chasing has been an issue in the past, but current inflows favor categories with clearer investment profiles. Despite weaker performance, some categories still received inflows, suggesting investors are positioning for potential downturns. The report also notes a trend toward lower fees and a preference for strategies with longer track records.
Why service is core to the UK’s BTR sector
The UK’s build-to-rent (BTR) sector has evolved significantly, driven by developers, operators, and institutional investors. Modern renters expect more than just basic amenities; they seek comprehensive service throughout their tenancy. Examples like Moda Living’s Angel Gardens in Manchester illustrate the trend towards enhanced living experiences. The sector is learning from the more mature US multi-family market, particularly in adopting advanced technologies like 3D property tours. As the UK BTR market matures, the focus on service is expected to intensify, with traditional landlords and letting agents also beginning to adopt tech-enabled, service-driven elements to attract modern renters.
Yesterday's luxury cars you can buy for low prices today
Depreciation significantly impacts luxury cars, making them affordable for bargain hunters. The article highlights ten luxury cars, including Alfa Romeo 166, BMW 7 Series, Audi A8, Citroën C6, Lexus LS 400, Rover 800, Mercedes S-Class, Rolls-Royce Silver Spirit, Jaguar XJ, and Renault Vel Satis, which can now be bought at a fraction of their original prices. While these cars offer luxury and potential future classic status, they may still incur high running and repair costs. The article provides insights into each car's current market value, original price, and key features.
Investors Shun Portfolio Diversifiers as They Hedge Their Bets
The third quarter saw a bifurcated marketplace with equities and bonds both posting negative returns, while uncorrelated liquid alternatives turned positive. Despite this, uncorrelated strategies saw outflows, whereas nontraditional equity strategies, despite weaker performance, received new investor capital. Central banks' hawkish tone and global economic uncertainties influenced market behaviors. J.P. Morgan emerged as a primary beneficiary in options-based categories, while AQR Capital showed strong performance with revamped strategies. Investors are increasingly turning to options strategies to manage portfolio outcomes amid fluctuating market conditions.
Northampton's Boughton Park book reprinted to mark 300th anniversary of its creator's birth
Simon Scott's book, 'The Follies of Boughton Park Revisited,' has been reprinted as a Limited Edition to mark the 300th anniversary of William Wentworth, Earl Strafford, who created the historic landscape of Boughton Park. The park, located north of Northampton, contains Northamptonshire’s largest collection of eighteenth-century follies and other landscape structures. The book, originally published in 1995 and expanded in 2011, documents the park's history and its influences, including Horace Walpole, Alexander Pope, and Sanderson Miller. The reprint is timely as the park faces threats from new bypass roads and housing developments, with its future resting in the hands of West Northamptonshire Council. The book is illustrated with maps, antique images, and contemporary photographs.
Letter: Two sides of the same coin
Simon Scott, a resident of Ballito, criticizes the Dolphin Coast Taxi Association and its spokesman, Mr Ntombela, for selectively adhering to road laws and taking matters into their own hands due to perceived inadequacies in law enforcement. Scott warns of potential retaliation from motorists frustrated by the taxi operators' frequent traffic violations.
Q&A with East West Rail's Simon Scott: The East West Rail project
The East West Rail project aims to reconnect Oxford and Cambridge, significantly reducing travel times and improving access to affordable housing and jobs. Phase one, in collaboration with Network Rail, is underway and expected to complete by early 2025. The project emphasizes sustainability, aligning with global climate priorities and utilizing innovative technologies. Challenges include future-proofing and cost efficiency, with ongoing collaboration with Great British Railways and Network Rail. The project is expected to enhance local communities by improving travel, air quality, and biodiversity, while also offering businesses a wider talent pool.
Isolation of infectious Lloviu virus from Schreiber’s bats in Hungary
The study reports the successful isolation of the Lloviu virus (LLOV) from Schreiber’s bats in Hungary, marking it as the third filovirus isolated from bats and the first non-Marburg or Ebola virus genus member. The research highlights the potential role of Schreiber’s bats as natural reservoirs for LLOV in Europe, with findings indicating the virus's ability to infect human cells. The study underscores the importance of further pathogenicity and antiviral research to understand the risks of zoonotic spillover. The research also explores the role of bat-associated ectoparasites in the transmission of LLOV, suggesting that these parasites might serve as mechanical vectors. The study emphasizes the need for continued surveillance and research to better understand the ecology and transmission dynamics of LLOV and other filoviruses.
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