Asset Allocator

When high profile fund managers leave big companies to set up on their own, it is often assumed the assets will follow them almost automatically.

But this week Joseph Wilkins and David Thorpe have a chat with Mark Preskett, portfolio manager at Morningstar, to discuss the challenges of operational due diligence on boutique fund houses which have been set up by one fund manager.

They also discuss why he is taking a "patient" exposure to China and whether US multiples are sustainable.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

The debate around China versus India has been a biggest party in town lately, as far as emerging markets are concerned.

This week Joseph Wilkins and David Thorpe are joined by Will Bartleet, chief investment officer at Pacific Asset Management, who has a higher exposure to emerging markets than his peers, to discuss his views on the region.

They also discuss his large exposure to global equity funds and how he uses alternatives.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

One of the topics of debate in recent months has been the long-term investment case for China versus India.

This week Dave Baxter, funds editor on the Investors Chronicle, Asset Allocator funds reporter Joseph Wilkins and contributing editor David Thorpe have a chat about the choices allocators are making in respect of India and China, and how this is reflected in the emerging market funds they are using.

They also discuss the issue of fund costs and the changing popularity of funds in the UK growth space.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

What with the strong performance of the US market driven by a handful of tech stocks and the looming presidential election, it might feel at times that the US is never far from the news.

So on this week's podcast, which is supported by Artemis, David Thorpe and Joseph Wilkins are joined by Cormac Weldon, head of US equities at Artemis, to dissect matters.

They discuss the state of the US economy, whether the upcoming presidential election represents political risk, what has become of the American consumer and inevitably the Magnificent Seven.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

There has been a lot of talk about concentration risk and the rise of the Magnificent Seven stocks but this week we talk to Richard Philbin, chief investment officer for investment solutions at Hawksmoor, who takes a different view and argues in favour of US concentration risk.

He joins Joseph Wilkins and David Thorpe and they also discuss the challenges of the outsourced chief investment officer model and the recent restructuring of Hawksmoor's parent company Hurst Point.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

US equities did very well during 2023 which means valuations are now high. This raised the question of what the investment case might be for investing in stocks which might be overvalued.

In this edition of the Asset Allocator Podcast, which is sponsored by Artemis, Joseph Wilkins and David Thorpe are joined by Alex Harvey, senior portfolio manager at Momentum.

They discuss US equities, the outlook for the US economy, the dangers of style risk, the use of active and passive and the lure of cash in a higher rate environment.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

The start of the year sees the publication of the traditional letter from Terry Smith, manager of Fundsmith Equity - the biggest fund in the UK retail market and one of the most popular in the Asset Allocator database.

Fundsmith remains popular despite its three years of underperformance and this week David Thorpe, Joseph Wilkins and Dave Baxter get together to discuss why.

They also discuss the make-up of European equity funds including the rise of Novo Nordisk and the strong performance of the Italian stock market.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

The world of fixed income investing has been in flux for several years due to a succession of events including the 2022 "mini" Budget, rising interest rates to tackle spiralling inflation and wider political instability.

This week we are joined by Stephen Snowden, head of fixed income at Artemis and manager of the Artemis Corporate Bond fund - the most popular corporate bond fund in our database, to discuss how he's viewing the world going into 2024.

He touches on his views on duration, what opportunities there are in high yield and what the biggest risks facing bond investors are in the coming year.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

James Penny, chief investment officer at Tam Asset Management, talks to Asset Allocator funds correspondent Joe Wilkins and Investors Chronicle's Dave Baxter about market distortions over the past 12 months and where investors should allocate in 2024. While the so-called 'Magnificent Seven' are "priced for absolute perfection", according to Penney, some economists still think there will be a hard landing in the US which could be bad for risk assets "in total". They also discussed whether fund houses should have value funds "in their locker", springboarding from the news about the change of manager on Jupiter Special Situations - a fund aimed at discovering value. 

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.

In this first edition of the Asset Allocator Podcast of 2024, which is supported by Artemis, David Thorpe and Joseph Wilkins are joined by Jason Day, senior investment manager at Abrdn.

They discuss how Jason is viewing fixed income as we enter the new year with yields having pushed higher over 2023 and why he thinks this represents a "major reset".

Jason then explains his thinking on UK equities given the recent falls in valuations and how he views the investment case for US large caps.

The Asset Allocator Podcast is a fortnightly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

The Asset Allocator Podcast discusses the big issues in UK fund selection and how wealth managers are positioning their portfolios. Sign up to the newsletter.

Hosted on Acast. See acast.com/privacy for more information.