
Read his view on global markets and portfolio management in the
financial press

Random Walk ?
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Our founder and CEO, Nick Dewhirst has spent more that a quarter of a century
experience in the City advising European institutional investors and individuals on
foreign markets. At different stages he has been a specialist in the British stock market,
mining shares, United States and Continental Europe, mainly Germany, but also Central
Europe and smaller companies generally. While employed at a succession of leading
investment banks (See below) he has
performed many front-line roles including fund management for private clients,
institutional equity sales, country analysis, investment strategy and the construction of
stock market indexes. His most recent positions were for Dresdner Bank as Head of Equity
Sales, London and with Kleinwort Benson as European SmallCap Coordinator. In past years
Nick has been rated as one of the top analysts on Continental European shares in several
surveys of British institutional investors (See
below ). He speaks German well and
French badly.
Anlageberatung fuer internationale Aktienmaerkte und Auslandsaktien auf Deutsch
FrançaisSays Nick, "I have been
very lucky, not just to live in exciting times, but also to have been where the action was
- often, early and in the thick of it. I survived the worst post-war bear market in the
developed world, that in England when shares fell 90% in real terms within two years in
the early Seventies, specialised in gold when it was hot, tried my hand at futures when
the pits in Chicago were new, broked US stocks through the fabulous Eighties,
"discovered" Europe for myself before institutional investors arrived in 1983,
specialised on German shares after the Wall fell and moved into Eastern Europe ahead of
the crowd. That makes around two thirds of global stock market capitalisation which I have
learnt from the bottom-up. Inflation and disinflation, booms and busts I have advised
investors through them all. What have I learnt ? The markets may be a random walk for
some, but that has not been my experience - and I can show
you. I can't trade to save my life, but when it comes to long-term investment, that's
my game."
Biography
Investment Banking: Rowe & Pitman (now
SBC Warburg) 1973/1976, Dean Witter (now Dean Witter Morgan Stanley) 1976/1980,
Oppenheimer 1980/1988, Citicorp Investment Bank 1990, Dresdner Bank 1991/1995 and
Kleinwort Benson 1995/1998
Analyst Surveys: Voted among the top five individual contributors for
German country research in Extel "Annual Survey of Investment Analysts"
1993/1995, rated joint top individual analyst for German shares in Euromoney
"European Brokers & Analysts Survey" 1992 and nominated as an outstanding
European analyst in Global Research "International Brokers and Analysts Survey"
1994 |