Ryan Sinnott
@ryansinnott.bsky.social
Works in asset management. Australian living in London (well, West Kent). Gay with pride.
Xtrackers have an msci world ex us etf. Currently my largest personal holding... though for valuation/ai bubble reasons rather than in response to today's events
January 17, 2026 at 6:42 PM
Xtrackers have an msci world ex us etf. Currently my largest personal holding... though for valuation/ai bubble reasons rather than in response to today's events
I am so glad to hear that.
December 14, 2025 at 6:50 PM
I am so glad to hear that.
I've bought two of her albums, post the Glastonbury sets. She's my new obsession.
December 5, 2025 at 5:11 PM
I've bought two of her albums, post the Glastonbury sets. She's my new obsession.
Got my penguins out today.
(I'm originally Australian. This is how we Christmas.... July in the southern Hemisphere)
(I'm originally Australian. This is how we Christmas.... July in the southern Hemisphere)
November 30, 2025 at 5:27 PM
Got my penguins out today.
(I'm originally Australian. This is how we Christmas.... July in the southern Hemisphere)
(I'm originally Australian. This is how we Christmas.... July in the southern Hemisphere)
Under the Australian rules, the social media companies are liable for the fines
November 24, 2025 at 3:02 PM
Under the Australian rules, the social media companies are liable for the fines
I understand the practical issues with open borders, but I can't help but believe that future generations will think denying some people the right to walk the earth, trapped in places without opportunity or a decent life, is up there with slavery as a moral abomination
November 23, 2025 at 12:28 PM
I understand the practical issues with open borders, but I can't help but believe that future generations will think denying some people the right to walk the earth, trapped in places without opportunity or a decent life, is up there with slavery as a moral abomination
Kinda sad, when you think about it
November 20, 2025 at 12:31 PM
Kinda sad, when you think about it
I do dishwasher in our house, because of this... everything has a spot!
November 11, 2025 at 8:30 PM
I do dishwasher in our house, because of this... everything has a spot!
Dogs are always beautiful
November 11, 2025 at 8:16 PM
Dogs are always beautiful
Embrace the pen and page without fear.
You have our support and love
You have our support and love
November 11, 2025 at 8:04 PM
Embrace the pen and page without fear.
You have our support and love
You have our support and love
Not our choice anymore. We have to apply to be readmitted and the EU rightly wants the chaos monkeys outside the tent
November 11, 2025 at 6:21 PM
Not our choice anymore. We have to apply to be readmitted and the EU rightly wants the chaos monkeys outside the tent
You forgot about the therapist which triggers self harm and suicides.
November 11, 2025 at 5:50 PM
You forgot about the therapist which triggers self harm and suicides.
Gay man here. Sexually active around 1989, came our in 1991. It was full on scary. Had friends who got infected. But don't know anyone who died.
And this was is Perth, Western Australia. Not exactly a beacon for diversity and tolerance
And this was is Perth, Western Australia. Not exactly a beacon for diversity and tolerance
October 28, 2025 at 7:53 PM
Gay man here. Sexually active around 1989, came our in 1991. It was full on scary. Had friends who got infected. But don't know anyone who died.
And this was is Perth, Western Australia. Not exactly a beacon for diversity and tolerance
And this was is Perth, Western Australia. Not exactly a beacon for diversity and tolerance
That's a stressful holiday
October 25, 2025 at 9:57 PM
That's a stressful holiday
Agree. But currently making a sausage and bean casserole, with Chorizo and paprika, which is what bakes beans always wanted to be when they grew up.
The stuff in tomato from a can is minging
The stuff in tomato from a can is minging
October 17, 2025 at 5:43 PM
Agree. But currently making a sausage and bean casserole, with Chorizo and paprika, which is what bakes beans always wanted to be when they grew up.
The stuff in tomato from a can is minging
The stuff in tomato from a can is minging
Great book. Have to admit I was halfway through the before I realised the Hermit Kingdom wasn't North Korea
October 5, 2025 at 4:39 PM
Great book. Have to admit I was halfway through the before I realised the Hermit Kingdom wasn't North Korea
Maybe. Financial markets have a habit of testing new innovations to destruction (e.g. CLOs and CDOs) in 08, before working out what's fixable and thus sustainable, vs. what just needs to die.
October 3, 2025 at 6:41 PM
Maybe. Financial markets have a habit of testing new innovations to destruction (e.g. CLOs and CDOs) in 08, before working out what's fixable and thus sustainable, vs. what just needs to die.
And PIK interest is still income, as long as you/your valuer still think the borrower is good for it
October 3, 2025 at 4:41 PM
And PIK interest is still income, as long as you/your valuer still think the borrower is good for it
Ultimately. But you're raising the next fund based on realised returns and realised defaults /losses given defaults since inception.
October 3, 2025 at 4:38 PM
Ultimately. But you're raising the next fund based on realised returns and realised defaults /losses given defaults since inception.
PC managers are often built around origination, not underwriting. Incentivised to stay sweet with the sponsors. CLO and Lev Loan fund managers don't care. It's public, they can buy what they want to buy
October 3, 2025 at 3:52 PM
PC managers are often built around origination, not underwriting. Incentivised to stay sweet with the sponsors. CLO and Lev Loan fund managers don't care. It's public, they can buy what they want to buy
Lots of differences on the buy side. CLOs start to fail indentures with CCC buckets > 7%. PC funds can get more "creative". PIK in particular. Defaulting is a choice... at least for a while. And both sides are incentivised to minimise defaults
October 3, 2025 at 3:50 PM
Lots of differences on the buy side. CLOs start to fail indentures with CCC buckets > 7%. PC funds can get more "creative". PIK in particular. Defaulting is a choice... at least for a while. And both sides are incentivised to minimise defaults