Peter Stanyer is an independent investment economist. He advises a UK private wealth manager and serves on the investment committees of two large UK pension funds and of a college endowment. He was previously chief investment officer of a US-based investment firm, a managing director at Merrill Lynch and investment director of the UK's Railways Pension Fund. He has also worked as an economist for the Bank of England and the IMF, and when at Cambridge University he won the Adam Smith prize for economics.