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Principal Investment Management

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We specialise in discretionary portfolio management

Studies, guides & reports

Investment updates

2012

2011

2010

2009

Click above to select previous copies of investment updates.

Quarterly Bulletin

2012

  • Spring 2012 (.pdf)
    • Spring watch
    • Diamond jubilee - a stock market perspective
    • LTRO - what it is and why it matters
    • The Hunger Games market, the John Carter economy?
    • Principal and Border in the community
  • Winter 2012 (.pdf)
    • The contraction of income yields - problems and solutions
    • Quantitative easing - the impact on savers and borrowers
    • Principal and Border in the community

2011

  • Autumn 2011 (.pdf)
    • Principal's thoughts on world markets
    • Sovereign off balance sheet liabilities - an overview
    • Principal in the community
  • Summer 2010 (.pdf)
    • The coalition's plans
    • Why Greece matters
    • Principal in the community
    • A status report on China's growing economic power
    • Growth and value in the current UK market
    • An ethical approach to investing
    • Principal in the community
    • Principal extends a warm welcome to Border Asset Management
    • Has the Bank of England lost the inflation plot?
    • Potential consequences of commodity price rises
    • Principal in the community
    • A New Year Message from Hugh Titcomb
    • The shift in world economic power - an investment perspective
    • Principal in the community

    • Principal Quiz 2010

2010

  • Autumn 2010 (.pdf)
    • Stephen Jones' impressions
    • The recovery of the banks
    • Quantitative easing in the UK and USA
    • Principal news
  • Summer 2010 (.pdf)
    • The coalition's plans
    • Why Greece matters
    • Principal in the community
  • Spring 2010 (.pdf)
    • A new Chief Investment Officer for Principal
    • Inflation - threat and response
    • The outlook for direct commercial property
    • Principal in the community
  • Winter 2010 (.pdf)
    • Onwards and upwards into 2010
    • How bad are the UKs public finances?
    • The Conservative Party's economic and financial plans
    • Dividend income - an update
    • Hedge funds - an improving outlook

2009

  • Autumn 2009 (.pdf)
    • Recovery, what recovery?
    • Corporate Bonds
    • Supporting you in a changed world
    • Principal in the community
  • Summer 2009 (.pdf)
    • Quantitative easing
    • Preservation of dividend income
    • Principal in the community
  • Spring 2009 (.pdf)
    • Introducing a new CEO for Principal
    • Infrastructure - the $71 trillion opportunity
    • Principal's people
  • Winter 2009 (.pdf)
    • Ten reasons to be cheerful
    • India - another off-duty perspective
    • What will Obama do for America?
    • 2008 - that was the year that was . . .

2008

  • Autumn 2008 (.pdf)
    • Global financial turmoil
    • Principal Twenty:20 fundraising exceeds its target
    • Fannie Mae and Freddie Mac
    • Property - why this is not a re-run of 1991
    • Principal helps Southwark's Young Leaders of Tomorrow go to America
  • Summer 2008 (.pdf)
    • 1974 and all that?
    • The message of price rises
    • Pincipal Twenty:20 fundraising
  • Spring 2008 (.pdf)
    • Introducing Principal's new partner (Sanlam Private Investments)
    • Sovereign funds
    • Urbanisation in the developing world
    • PEP/ISA rule changes
  • Winter 2008 (.pdf)
    • China: an off-duty perspective
    • CGT and IHT
    • False predictions
    • Principal's London team training the young fund managers of tomorrow
    • Announcing the Principal Twenty:20
    • Principal sponsors opera by definiition's Mozart's Cosi Fan Tutte

2007

  • Autumn 2007 (.pdf)
    • Market volatility
    • Motor technology - shifting up a gear?
    • Conventional wisdom and the mistakes of the herd
  • Summer 2007 (.pdf)
    • A double celebration
    • Soft commodities
    • Ethical investment and corporate social responsibility
    • The Bath Half Marathon
  • Spring 2007 (.pdf)
    • Felicity foresight
    • Climate change and UK flooding
    • The economics of immigration
  • Winter 2007 (.pdf)
    • Twenty years on
    • Buy in January, sell in May?
    • Hedge funds - fashion accessory or worthwhile asset class?
    • Predictions for 2007 . . . our lighthearted look at the forthcoming year

Click above to select previous copies of the Quarterly Bulletin.

Income Study

2012

2011

2010

2009

2008

2007

2006

Click above to select previous copies of the Income Study.

Investing involves risk and the value of investments and the income from them may fall as well as rise and is not guaranteed. Investors may not get back the original amount invested. Click for more information about the risks involved.