By: Andrew Evans

I’m an author on The Value Perspective blog and a fund manager on the value team at Schroders. Prior to joining in 2015, was responsible for the UK research process at Threadneedle. I began my investment career as an analyst in 2001.

All 19 Articles

How many of Amazon’s peers from the dotcom boom exist today?

July 4, 2017

In March 2000, a US financial magazine listed Amazon among 207 unprofitable listed internet businesses, most of whom had worryingly small cash reserves. More than four-fifths no longer exist. “Investors must never forget that for every tech start-up success story, hundreds of other such businesses will have failed.” So we wrote on our Value Perspective [...]
This is the ‘inconvenient truth’ about investing

May 11, 2017

No matter how much some investors might wish it was not so, the biggest driver of whether or not you make money as an investor is the price you pay for an asset, says value blogger Andrew Evans. On The Value Perspective blog, we appreciate not everyone shares our conviction that the biggest driver of [...]
Three charts showing why we remain very happy to hold UK banks

March 20, 2017

Investors have tended to steer clear of the UK’s big banks since the financial crisis bit in 2008, when share prices plummeted and Lloyds and Royal Bank of Scotland (RBS) had to be bailed out with taxpayer money. As we tend to do, on our Value Perspective blog, we took a different view – arguing [...]
Three charts showing why we remain very happy to hold UK banks

March 20, 2017

Investors have tended to steer clear of the UK’s big banks since the financial crisis bit in 2008, when share prices plummeted and Lloyds and Royal Bank of Scotland (RBS) had to be bailed out with taxpayer money. As we tend to do, on our Value Perspective blog, we took a different view – arguing [...]
Two ways investors can cope with uncertainty

February 28, 2017

The lead character in Up may have coped with the randomness of life by travelling the world in a house powered by helium balloons, but investors can make use of a couple of more conventional techniques “Daddy, why is the man crying in the hospital?” “Daddy, where has the lady gone?” “Daddy, why are [...]
British Gas is not overcharging customers – this is why

February 13, 2017

As we wrote in our article Forget the acronyms, we value investors care about the treatment of stakeholders. Not just investors but staff, customers, suppliers and regulators. Given the political, regulatory and media pressure on the so called “Big Six” energy companies, the situation at Centrica is worthy of closer examination. Are customers paying too [...]
Consumer credit growth and the flashing light marked ‘car financing’

February 6, 2017

Last month, the Financial Times highlighted two “remarkable and unexpected” features of the post-Brexit UK economy – consumer spending accelerated in the second half of last year and much of this was financed by a surge in borrowing. According to the Bank of England, the article continued, consumer credit grew at an annual rate [...]
Consumer credit growth and the flashing light marked ‘car financing’

February 6, 2017

Last month, the Financial Times highlighted two “remarkable and unexpected” features of the post-Brexit UK economy – consumer spending accelerated in the second half of last year and much of this was financed by a surge in borrowing. According to the Bank of England, the article continued, consumer credit grew at an annual rate of [...]
Is Warren Buffett’s U-turn on airlines a nod to his value investing past?

January 6, 2017

Warren Buffett, the investment billionaire, has been pretty rude about the aviation sector. As the Sage of Omaha unambiguously put it in a 2002 interview: “If a capitalist had been present at Kitty Hawk back in the early 1900s, he should have shot Orville Wright. He would have saved his progeny money.” Buffett went on to [...]

HSBC: City market’s top firm turns to Asia and Middle East

Premiership run-in: Saints and Bath will impact top four

Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

By: Andrew Evans

All 19 Articles

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