Education
Jerome Booth received a Bachelor of Science in Geography from the University of Bristol. He then received an Master of Philosophy and Doctor of Philosophy from the University of Oxford.
( The world is upside down. The emerging market countries...)
The world is upside down. The emerging market countries are more important than many investors realise. They have been catching up with the West over the past few decades. Greater market freedom has spread since the end of the Cold War, and with it institutional changes which have further assisted emerging economies in becoming more productive, flexible, and resilient. The Western financial crisis from 2008 has quickened the pace of the relative rise of emerging markets - their relative economic power, and with it political power, but also their financial power as savers, investors and creditors. Emerging Markets in an Upside Down World - Challenging Perceptions in Asset Allocation and Investment argues that finance theory has misunderstood risk and that this has led to poor investment decisions; and that emerging markets constitute a good example of why traditional finance theory is faulty. The book accurately describes the complex and changing global environment currently facing the investor and asset allocator. It raises many questions often bypassed because of the use of simplifying assumptions and models. The narrative builds towards a checklist of issues and questions for the asset allocator and investor and then to a discussion of a variety of regulatory and policy issues. Aimed at institutional and retail investors as well as economics, finance, business and international relations students, Emerging Markets in an Upside Down World covers many complex ideas, but is written to be accessible to the non-expert.
http://www.amazon.com/gp/product/1911443003/?tag=2022091-20
( The world is upside down. The emerging market countrie...)
The world is upside down. The emerging market countries are more important than many investors realise. They have been catching up with the West over the past few decades. Greater market freedom has spread since the end of the Cold War, and with it institutional changes which have further assisted emerging economies in becoming more productive, flexible, and resilient. The Western financial crisis from 2008 has quickened the pace of the relative rise of emerging markets – their relative economic power, and with it political power, but also their financial power as savers, investors and creditors. Emerging Markets in an Upside Down World – Challenging Perceptions in Asset Allocation and Investment argues that finance theory has misunderstood risk and that this has led to poor investment decisions; and that emerging markets constitute a good example of why traditional finance theory is faulty. The book accurately describes the complex and changing global environment currently facing the investor and asset allocator. It raises many questions often bypassed because of the use of simplifying assumptions and models. The narrative builds towards a checklist of issues and questions for the asset allocator and investor and then to a discussion of a variety of regulatory and policy issues. Aimed at institutional and retail investors as well as economics, finance, business and international relations students, Emerging Markets in an Upside Down World covers many complex ideas, but is written to be accessible to the non–expert.
http://www.amazon.com/gp/product/B01GSO0X6C/?tag=2022091-20
( The world is upside down. The emerging market countrie...)
The world is upside down. The emerging market countries are more important than many investors realise. They have been catching up with the West over the past few decades. Greater market freedom has spread since the end of the Cold War, and with it institutional changes which have further assisted emerging economies in becoming more productive, flexible, and resilient. The Western financial crisis from 2008 has quickened the pace of the relative rise of emerging markets - their relative economic power, and with it political power, but also their financial power as savers, investors and creditors. Emerging Markets in an Upside Down World - Challenging Perceptions in Asset Allocation and Investment argues that finance theory has misunderstood risk and that this has led to poor investment decisions; and that emerging markets constitute a good example of why traditional finance theory is faulty. The book accurately describes the complex and changing global environment currently facing the investor and asset allocator. It raises many questions often bypassed because of the use of simplifying assumptions and models. The narrative builds towards a checklist of issues and questions for the asset allocator and investor and then to a discussion of a variety of regulatory and policy issues. Aimed at institutional and retail investors as well as economics, finance, business and international relations students, Emerging Markets in an Upside Down World covers many complex ideas, but is written to be accessible to the non-expert.
http://www.amazon.com/gp/product/1118879678/?tag=2022091-20
Jerome Booth received a Bachelor of Science in Geography from the University of Bristol. He then received an Master of Philosophy and Doctor of Philosophy from the University of Oxford.
He was previously Head of Research at emerging market asset manager Ashmore Group PLC He is also the principal shareholder of Icon Film Distribution United Kingdom. Booth started his career at the Department of Trade and Industry, where he was responsible for multi-lateral development banks, before being appointed a strategic planning officer at the Inter-American Development Bank in Washington District of Columbia. During this period, Booth was also a lecturer in Economics at Christ Church, Oxford. In 1994, Booth joined Australia and New Zealand Banking Group as Head of Research for the Emerging Markets Group before being appointed Head of Market Research for Australia and New Zealand Banking Group Investment Bank with global responsibility for fixed-income and foreign exchange research.
In 1999, Booth was part of the management buy-out of Australia and New Zealand Banking Group Investment Bank that established Ashmore Group plc, the emerging market asset management firm, and was appointed Head of Research and spokesperson.
The team bought Australia and New Zealand Banking Group Emerging Market Fund Management, which had approximately $500m in assets, and listed it on the London Stock Exchange. While at the company Booth was a high-profile advocate for emerging markets and argued that investors should allocate half of their portfolio to emerging market assets.
He was described as "evangelical in his enthusiasm for emerging markets" by The Financial Times. In 2014, he also published "Emerging Markets in an Upside Down World", a critique of finance theory, that argued that investors had underestimated risk in the developed world and overestimated it in the emerging markets.
In 2013, Booth retired from Ashmore to establish New Sparta, a London-based investment vehicle.
In September 2013, it was announced that he had acquired United Kingdom film distributor Icon Film Distribution. Through New Sparta, Booth is also the principal shareholder of New Call Telecom, ExaroNews, Canadian Broadcasting Company Insurance (United Kingdom), New Sparta Films, Notgoingtouni, bneIntellinews, Nimbuzz, Walpole Holdings and IO Entertainment. Booth is also Chairman of Anglia Ruskin University and an Honorary Visiting Professor at Cass Business School.
He is also Chairman of the Fitzwilliam Museum Development Trust.
In 2015, The Sunday Times placed Booth on its Rich List with an estimated personal wealth of £112 million.
( The world is upside down. The emerging market countries...)
( The world is upside down. The emerging market countrie...)
( The world is upside down. The emerging market countrie...)
A keen musician, he is also Deputy Chairman of the Britten Sinfonia and a Board Member of the Royal Philharmonic Society.