As the world moved into the second quarter of the 21st century, the prevailing mood feels very different from the sense of optimism apparent at the turn of the Millennium. In thinking about investment potential and the day-to-day whirl of corporate strategies, results and returns, it is sometimes easy to overlook the macro headwinds that buffet and throw off course the best laid plans. WHITEFRIARS in general seeks to present attractive investment ideas, where we see value, di