Related by context. Frequent words. (Click for all words.) 53 short termist 47 balancesheet 46 externalise 46 overleveraging 46 Moral hazard 46 reputational risk 46 profitablity 45 profit maximization 45 investors 45 procyclical 45 stockpicking 45 undiversified 45 risk premia 44 undercapitalization 44 diversifications 44 stockpickers 44 FoFs 44 Illiquid 44 incentivisation 44 solvency ratios 44 underfollowed 44 managerialism 44 valuations 44 risk averse 43 euroland 43 Brait economist Colen Garrow 43 Haissam Arabi chief 43 malinvestments 43 prudence 43 balance sheets 43 misaligned incentives 43 underweighting 42 short termism 42 conservativeness 42 plcs 42 allocators 42 Aaa ratings 42 NPRF 42 derisking 42 investement 42 Vested interests 42 Directionally 42 portfolio diversifier 42 Lloyds HBOS 42 overcapitalized 42 inelasticity 42 precrisis 42 investible funds 41 investments 41 sovereign wealth 41 behave rationally 41 Investica 41 asset allocators 41 stockmarket 41 Vyugin 41 SWFs 41 unregulated capitalism 41 forex inflows 41 nondiversified 41 Landesbanks 41 PE ratios 41 bloated inefficient 41 overweighting 41 corporates 41 Valuecap 41 liquidity sloshing 41 relativities 41 expediencies 41 highly leveraged 41 fundamentals underpinning 41 eurozone periphery 41 decoupling theory 40 Leveraged loans 40 vested interests 40 reflating 40 inwardly focused 40 cashflows 40 DAVID SHAPIRO Well 40 Massocca 40 therein lays 40 LPTs 40 ungeared 40 valuation multiples 40 structural impediments 40 investor 40 malinvestment 40 SoEs 40 Mr Koukoulas 40 equities 40 PFI schemes 40 external imbalances 40 LGIM 40 high yielders 40 moral scruples 40 Harit Shah 40 reputational 39 technically overbought 39 Anglo Saxon capitalism 39 straitened times 39 solvency 39 mutuals