“You don’t own enough windmills!”

It's a comment that was made to us recently in a meeting with a prospective client. It's also occasionally inferred in some commentary from other clients. So first, let's set the record straight……. We like windmills! But. It’s a tough business to be in right now (see...

The dirty myth about clean vehicles

“There is at least one truth to every myth. And it takes one truth to create a lie. Lies can be created from truths, but truths cannot be created from lies.” Suzy Kassem Can it be true that electric vehicles have higher emissions than their internal combustion engine...

Big Steaks in Davos

Last week Davos 2020 celebrated its 50th birthday. The world’s top Chief Executives and decision makers were flown in on their private jets to discuss the devastating effects of climate change and social inequality, whilst washing an appropriately sized steak (they...

Hold on a SEC

Recent press articles would have you believe the Proxy Voting Agencies, such as ISS and Glass Lewis are hugely powerful entities determined to bring the corporate world to its knees(!) by forcing institutions to vote against director reappointments and pay for no...

2025 Lookback

When I wrote my 2019 investment outlook, we were in the middle of a “market correction” as it is now retrospectively known. Volatility was extreme and global recession fears dominated the market narrative. I didn’t know which direction the market was going (I still...

Transport connectivity

Back in the 80's, when Chris Rea crooned about driving home for Christmas, he probably wasn't aware of the environmental impact of his travel advice. Source IEA 2019 Energy intensity of different transport modes in 2017. The left-hand chart shows energy intensity of...

Can Being Nice Lead to Success?

If it’s good enough for the Brownlee brothers it is good enough for me……………. Company management often put keeping their shareholders happy above all else; largely due to the fact that they are at the very least strongly incentivised to do so (if not forced by law)....

Is there an ESG bubble?

Are too many investors chasing the same names? It’s a question we’ve had from a couple of clients and prospects in recent meetings. We’ve previously written that we believe that the Kames Global Sustainable Fund investment philosophy is different which means we invest...

Is it all smoke and mirrors?

Public Health England have said that using E-cigarettes (vaping) is 95% better than smoking. But is this claim a bit premature? If vaping has only been mainstream since around 2007 in the UK and US, can anyone say they know the long-term effects of usage? “There have...