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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Joint (ad)ventures in the legal sector

Nigel Wallis lo res

We all know that nothing in life is certain. As the actor, director and philosopher Clint Eastwood once said: “If you want a guarantee, buy a toaster.” He also said he’d tried being reasonable and didn’t like it. They should teach this kind of philosophy in law school. One thing in life is reasonably certain though. If you’re a law firm worth your salt, at some point you will be approached by another entity (most probably a work introducer) with a whizzy idea to ‘partner’ with you to ‘help you accelerate your growth’. In commercial speak this means, ‘we’d like to keep feeding you work but we’d also like to share in your profits’. The arrangement may be pitched to you as a joint venture – a win-win no less.

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