Performance bulletin from Saunderson House

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19 November 2015


Saunderson House200The past 10 years have proven extremely challenging. Investors have had to contend with the collapse of the credit bubble in 2008 and the subsequent recession, the eurozone debt crisis which raised concerns about the future of the single currency in 2011 and then a commodities price meltdown in the second half of 2014.

Today, investors are focusing on whether interest rates in the developed world will ever be able to move much above the emergency low levels at which they currently stand, and if the economic slowdown in China means that the global backdrop is actually deteriorating once again.

While macroeconomic events have continued to unnerve investors, we have followed our investment approach and navigated through a decade of challenges to deliver positive performance for our clients.

Download the full Performance Bulletin here



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Legal Futures Blog

Algorithms and the law

Jeremy Barnett

Our aim is to start a discussion in the legal profession on the legal impact of algorithms on firms, software developers, insurers, and lawyers. In a longer paper, we consider whether algorithms should have a legal personality, an issue which will likely provoke an intense debate between those who believe in regulation and those who believe that ‘code is law’. In law, companies have the rights and obligations of a person. Algorithms are rapidly emerging as artificial persons: a legal entity that is not a human being but for certain purposes is legally considered to be a natural person. Intelligent algorithms will increasingly require formal training, testing, verification, certification, regulation, insurance, and status in law.

August 22nd, 2017