Business
Alan Dunne is joined today by Elizabeth Burton to discuss managing a public fund versus a private fund, the challenges to those invested in the traditional 60 / 40 portfolio, the current outlook for inflation, performing above expectations, how to re-position a portfolio for higher expected inflation, fixed income versus real assets, categorising asset classes effectively, the limits of mean variance optimisation, using historical perspectives as an input into current decision-making, difficulties in the manager selection process, and how to simplify complex ideas in order to communicate more efficiently. ---- In this episode, we discuss: The outlook for inflation Achieving high performance consistently How to re-allocate a portfolio accordingly Mean variance optimisation Whether this time is different Selecting the right manager Simplifying complexity for better understanding Follow Niels on https://twitter.com/toptraderslive (Twitter), https://www.linkedin.com/in/nielskaastruplarsen (LinkedIn), https://www.youtube.com/user/toptraderslive (YouTube) or via the https://www.toptradersunplugged.com/ (TTU website). IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written https://www.toptradersunplugged.com/Ultimate (here). And you can get a free copy of my latest book “The Many Flavors of Trend Following” https://www.toptradersunplugged.com/flavor (here). Learn more about the Trend Barometer https://www.toptradersunplugged.com/resources/market-trends/ (here). Send your questions to info@toptradersunplugged.com And please share this episode with a like-minded friend and leave an honest Rating & Review on https://www.toptradersunplugged.com/reviewttu (iTunes) or https://open.spotify.com/show/2OnOvLbIV3AttbFLxuoaBW (Spotify) so more people can discover the podcast. Follow Alan on https://twitter.com/alanjdunne (Twitter). Follow Elizabeth on https://www.linkedin.com/in/elizabethtburton/ (LinkedIn). ---- Episode TimeStamps: 00:00 - Intro 03:30 - Elizabeth’s background and history in the investment world 04:55 - Elizabeth’s perspective on today’s markets 06:52 - Managing a public fund versus a private fund 08:14 - Performing above expectations 09:38 - The current outlook for inflation 11:31 - How to re-position a portfolio for higher expected inflation 13:57 - Fixed income versus real assets 14:51 - Categorising asset classes effectively 19:56 - The limits of mean variance optimisation 21:59 - Using historical perspectives as an input into current decision-making 24:09 - Whether this time really is different 25:25 - Difficulties in the manager selection process 28:35 - Choosing between macro and systematic investors 30:08 - The pitfalls of investing with macro traders 32:40 - Investing in a manager who includes crypto in their portfolio 34:34 - Allocating between systematic and discretionary managers 36:45 - How to screen for a good money manager 40:44 - How to respond when a manager is underperforming 43:48 - Process over outcome 47:04 - Working with consultants 52:27 - Lessons from a leadership coach 57:00 - Simplifying complex ideas for better communication 01:00:28 -Advice for aspiring allocators Copyright © 2022 – CMC AG – All Rights Reserved ---- PLUS: Whenever you're ready... here are 4 ways I can help you in your investment Journey: 1. My library of interviews with some of the world’s best traders One of my favorite things is to hear these amazing investors tell their stories as well as what they have learned through their journey. https://www.toptradersunplugged.com/ (Click Here) 2. eBooks that cover key topics that you need to know about In my eBooks, I put together some of the key findings from my conversations with my peers as well as other experts in their respective field. https://www.toptradersunplugged.com/resources/ebooks/ (Click Here) 3. Daily Trend...