Butterwire’s Three-Year Track Record: Delivering What and How It Set Out To Deliver
It’s been 3 years since we launched our first website to introduce Butterwire’s approach to stock selection, portfolio construction, and global macro nowcasting, as well as to showcase what it set out to accomplish. This inaugural portfolio returned 61% to date with 0 turnover and has outperformed the MSCI ACWI index by 19%.
End of Year Feature Upgrades
Details of all the new features & upgrades that have been released
Taking Stock of The Recovery
Three things happened since our September note when we observed the possible emergence of a recovery trade in Developed Markets.
How “Nowcasting” Global Macro Expectations Improves Fundamental Stock Alpha “Forecasting”
Whoever wishes to foresee the future must consult the past; for human events ever resemble those of preceding times. This arises from the fact that they are produced by men who ever have been, and ever shall be, animated by the same passions, and thus they necessarily have the same results. Machiavelli
UK Equities: No Brexit Crystal-Ball? No Worries!
A quick look at the chart below shows the overall downtrend for UK vs. EU equities over the past 3 years, fueled by uncertainty over future UK-EU trade terms and the possibility of a disorderly Brexit.