This is what online harassment looks like

Obscene images, hate sites and a game where people are invited to beat you up have been inflicted on Anita Sarkeesian.

When I first wrote about the sexist abuse of women online, collating the experiences of nearly a dozen writers, the response was largely positive. Many hadn't been aware there was a problem; they were shocked. Others had assumed that they were the only ones whose every word on the web was greeted with a torrent of abusive, threatening comments.

But a few reactions stood out, among them that of Brendan O'Neill, the Telegraph blogs section's resident contrarian. He wrote that feminist campaigners pointing this out was a "hilarious echo of the 19th-century notion that women need protecting from vulgar and foul speech". We were, he said, "a tiny number of peculiarly sensitive female bloggers" trying to close down freedom of speech.

The best response to that argument, incidentally, comes from Ally Fogg, who wrote recently:

What you fail to understand is that the use of hate speech, threats and bullying to terrify and intimidate people into silence or away from certain topics is a far bigger threat to free speech than any legal sanction.

Imagine this is not the internet but a public square. One woman stands on a soapbox and expresses an idea. She is instantly surrounded by an army of 5,000 angry people yelling the worst kind of abuse at her in an attempt to shut her up. Yes, there's a free speech issue there. But not the one you think.

I couldn't have put it better myself. As the months have gone on, and more "trolls" (or "online bullies", if you're a semantic stickler) have been exposed, the perception that what we're talking about when we talk about online harrassment is "a few mean comments" or an insult or two has grown.

On 12 June, I wrote about American blogger Anita Sarkeesian, who launched a Kickstarter programme to raise $6,000 to research "tropes vs women in videogames". Donating was - and I really can't stress this enough - completely voluntary. There are Kickstarters for all kinds of things: for example,  a "dance narrative featuring some of NYC's most compelling performers that celebrates the pursuit of love and the joys of imperfection" doesn't sound like my kind of thing, but God Bless Them, they are 89% funded towards their $12,000 goal. 

But a big swath of the internet wasn't prepared to live and let live in Sarkeesian's case, and began spamming her YouTube video comments with a pot-pourri of misogynist, racist and generally vile abuse. Each one individually was grim; together they constituted harassment. (You can read the full story in my blog here).

Since then, Anita Sarkeesian has been subjected to a good deal more harassment. Let's run through the list for anyone who still thinks this issue is about a few mean words.

Image-based harassment


This is the kind of stuff people have been sending to Sarkeesian's inbox, repeatedly, and posting on the internet in an attempt to game her Google Image search results. There have also been drawings of her in sexually degrading situations:

Both these sets of images are taken from Sarkeesian's blog post documenting the harassment (and are reproduced with her permission). They have been posted on the web generally, and also sent specifically to her Facebook page, Twitter account and YouTube channel. The second set show, in her words:

The first image depicts a woman drawn to resemble me who is tied up with a wii controller shoved in her mouth while being raped by Mario from behind. The second image is another drawing (clearly sketched to resemble me) featuring a chained nude figure on her knees with 5 penises ejaculating on her face with the words “fuck toy” written on her torso.

Hate sites

These take a couple of forms: either the creation of specific sites dedicated to trashing you (and again, to come up in Google searches of your name) or posting your details on established forums where haters like to hang out. In Sarkeesian's case, that has involved posting her phone number and address. It's hard to see that as anything other than an attempt to intimidate her: "We know where you live".

The interactive "Beat Up Anita Sarkeesian" game

This one is so incredible I had trouble believing it existed. 

It's an interactive game, inviting players to "beat up Anita Sarkeesian".

As you click the screen, bruises and welts appear on her face.

I find this fairly disturbing - the idea that somewhere out there is a man - a 25-year-old from Sault Ste Marie, a city in Ontario, Canada, who was offended enough by Sarkeesian's Kickstarter project that he made this.

In the description accompanying the games, he adds:

Anita Sarkeesian has not only scammed thousands of people out of over $160,000, but also uses the excuse that she is a woman to get away with whatever she damn well pleases. Any form of constructive criticism, even from fellow women, is either ignored or labelled to be sexist against her.

She claims to want gender equality in video games, but in reality, she just wants to use the fact that she was born with a vagina to get free money and sympathy from everyone who crosses her path.

Some of the commenters on the game have expressed disgust, but not all of them. One wrote:

You are so right, sir. It's the execution which lets this game down.

Wikipedia Vandalism

I wrote about this in the initial post, so I'll be brief here: Sarkeesian's Wikipedia page was repeatedly hacked with crude messages and porn images, until it was locked. This went hand in hand with...


Hacking is gaining entrance to someone's private data or website, while DDOSing - using "denial of service" attacks - involves sending a website's server so many requests to load the page that it crashes.

That's what happened to Sarkeesian's site as her story got shared around the world. This image was posted as a way of bragging about taking it down:


Personal Life

Sarkeesian is rare in sharing so much of the harassment that she has been subjected to -- and it's a brave choice for her to make. Every time I write about this subject, I get a few emails from women who've been through the same thing (and I'm sure there are men, too). They tell me much the same story: this happened to them, but they don't want to talk publicly about it, because they don't want to goad the bullies further. 

If you were Anita Sarkeesian, how would you feel right now? She's somebody with a big online presence through her website, YouTube channel and social media use. All of that has been targeted by people who - and I can't say this enough - didn't like her asking for money to make feminist videos. 

I think Sarkeesian has been incredibly courageous in sharing what's happened to her. Those obscene pictures are intended to shame her, to reduce her to her genitals, and to intimidate her. 

I'm sure there's plenty here which breaks the law - both in the UK and the US. But the solution here probably isn't a legal one: it's for everyone involved to have some basic human decency. This isn't just a few rude words, and it isn't OK. 

An online game invites players to "beat up Anita Sarkeesian".

Helen Lewis is deputy editor of the New Statesman. She has presented BBC Radio 4’s Week in Westminster and is a regular panellist on BBC1’s Sunday Politics.

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Artemis Monthly Distribution Fund: opportunities in volatile markets...

The Artemis Monthly Distribution Fund is a straightforward portfolio that combines bonds and global equities with the aim to deliver a regular income. It is run by James Foster and Jacob de Tusch-Lec. James also manages the Artemis Strategic Bond Fund whilst Jacob also manages the Artemis Global Income Fund. Whilst past performance is not a guide to the future, the Monthly Distribution Fund has returned 76.7%* since launch in 2012. Its current yield is 3.9%. It is also the top performing fund in its sector.*

Political uncertainty and the actions of central banks continue to create market volatility. In this article, James Foster talks about the opportunities this has provided and which areas of the market he considers most attractive.


The approach of the European Central Bank (ECB) has been both broad and radical. The increase to its quantitative easing (QE) programme has helped to push the yields on an even wider range of government bonds into negative territory. The cheap financing it offered to banks was less expected. To date, however, it has done little to ease fears that European banks are in trouble. The performance of bank shares across Europe (including the UK) has been abominable. Returns from their bonds, however, have been more mixed.

Bonds issued by banks and insurers are an important part of the portfolio. We increased our positions here in February but reduced them subsequently, particularly after the UK’s referendum on the EU in June. Our insurance positions have increased in importance. New Europe-wide solvency rules were introduced at the beginning of the year. They make comparisons easier and give us more comfort about the creditworthiness of these companies.

As part of its QE programme, the ECB announced that it would start buying corporate bonds with the aim of reducing borrowing costs for investment-grade companies. After months of preparation, the purchases began in June. The mere prospect of the ECB buying corporate bonds proved as significant as the reality. The implications, however, could be even more profound than they initially appear. Bonds of any investment-grade issuer with a European subsidiary are eligible.

Moreover, the ECB has changed the entire investment background for bonds. Companies are more likely to do their utmost to retain their investment-grade ratings. The financial benefits are so great that they will cut their dividends, issue equity and sell assets to reduce their borrowings. We have already seen RWE in Germany and Centrica in the UK undertaking precisely these policies.

High-yield companies, meanwhile, will do their utmost to obtain investment-grade ratings and could also lower their dividends or raise equity to do so. This creates a very supportive backdrop to the fund’s bonds in the BBB to BB range, which comprise around 28% of the portfolio.

The backdrop for higher-yielding bonds – those with a credit rating of BB and below – has also been volatile. Sentiment in the first quarter of 2016 was weak and deteriorated as the risk of recession in Europe increased. These types of bonds react very poorly to any threat of rising default rates. With sentiment weak in February and March, they struggled. However, the generosity of the ECB and stronger economic growth readings helped to improve sentiment. Default rates are higher than they were, but only in the energy sector and areas related to it.

We felt the doom was overdone and used the opportunity to increase our energy related bonds. Admittedly, our focus was on better quality companies such as Total, the French oil company. But we also increased positions in electricity producers such as EDF, RWE and Centrica. In a related move, we further increased the fund’s exposure to commodity companies. All of these moves proved beneficial.

One important area for the fund is the hybrid market. These bonds are perpetual but come with call options, dates at which the issuer has the option to repay at par. They have technical quirks so they do not become a default instrument. In other words, if they don’t pay a coupon it rolls over to the following year without triggering a default. In practice, if the situation is that dire, we have made a serious mistake in buying them. These hybrids have been good investments for us. Their technical idiosyncrasies mean some investors remain wary of these bonds. We believe this concern is misplaced. For as long as the underlying company is generating solid cashflows then its bonds will perform and, most importantly, provide a healthy income, which is our priority.


In equities, our response to the volatility – and to the political and economic uncertainties facing the markets– has been measured. We have been appraising our holdings and the wider market as rationally as possible. And in some cases, the sell off prompted by the Brexit vote appeared to be more about sentiment than fundamentals. We will not run away from assets that are too cheap and whose prospects remain good. We retain, for example, our Italian TV and telecoms ‘tower’ companies – EI Towers and Rai Way. Their revenues are predictable and their dividends attractive. And we have been adding to some of our European holdings, albeit selectively. We have, for example, been adding to infrastructure group Ferrovial. Its shares have been treated harshly; investors seem to be ignoring the significant proportion of its revenues derived from toll roads in Canada. It also owns a stake in Heathrow Airport, which will remain a premium asset whose revenues will be derived from fees set by the regulator whether the UK is part of the EU or not.

In equities, some European financials may now be almost un-investable and we have lowered our risk profile in this area. Yet there are a handful of exceptions. Moneta Money Bank, for example, which we bought at the initial public offering (IPO). This used to be GE’s Czech consumer lending business. The Czech Republic is a beneficiary of the ongoing economic success of Germany, its neighbour, and unemployment is low. The yield is likely to be around 8%. And beyond financials, prospects for many other European stocks look fine. Interest rates that are ‘lower for longer’ should be seen as an opportunity for many of our holdings – notably real estate companies such as TLG Immobilien  and infrastructure stocks such as Ferrovial – rather than a threat.


For high-yield bonds the outlook is positive. For as long as the ECB continues to print money under the guise of QE it will compel investors to buy high-yield bonds in search for income. The US economy is also performing reasonably well, keeping defaults low. Despite the uncertainty created by Brexit, that oil prices have risen means we can expect default rates to fall.

At the same time, there are a number of legitimate concerns. The greatest, perhaps, is in the Italian banking system. A solution to the problem of non-performing loans needs to be found without wiping out the savings of Italian households (many of whom are direct holders of Italian bank bonds). Finding a solution to this problem that is acceptable both to the EU and to Italian voters will be hard. Other risks are familiar: levels of debt across Europe are too high and growth is still too slow.

* Data from 21 May 2012. Source: Lipper Limited, class I distribution units, bid to bid in sterling to 30 September 2016. All figures show total returns with dividends reinvested. Sector is IA Mixed Investment 20-60% Shares NR, universe of funds is those reporting net of UK taxes.

† Source: Artemis. Yield quoted is the historic class I distribution yield as at 30 September 2016.



Source: Lipper Limited, class I distribution units, bid to bid in sterling. All figures show total returns with net interest reinvested. As the fund was launched on 21 May 2012, complete five year performance data is not yet available.


To ensure you understand whether this fund is suitable for you, please read the Key Investor Information Document, which is available, along with the fund’s Prospectus, from

The value of any investment, and any income from it, can rise and fall with movements in stockmarkets, currencies and interest rates. These can move irrationally and can be affected unpredictably by diverse factors, including political and economic events. This could mean that you won’t get back the amount you originally invested.

The fund’s past performance should not be considered a guide to future returns.

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Because one of the key objectives of the fund is to provide income, the annual management charge is taken from capital rather than income. This can reduce the potential for capital growth.

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The fund may invest in emerging markets, which can involve greater risk than investing in developed markets. In particular, more volatility (sharper rises and falls in unit prices) can be expected.

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