Asset Allocator

This week David Thorpe, investment editor on FTAdviser, and Dave Baxter, funds editor on the Investors' Chronicle, are joined by Alena Kosava, head of research at AJ Bell, to discuss the challenges of investing for income in the current climate.

They discuss the relative attractiveness of different types of bonds, how Alena views the UK equity market at the moment and whether it is inevitable that taking income from capital gains will become the norm for income-seeking clients.

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.

This week David Thorpe, contributing editor at FTAdviser, and Dave Baxter, funds editor on the Investors' Chronicle, had a chat about how DFMs have been adjusting their portfolios as an uncertain 2023 gets under way.

They discuss the barbell approach which some DFMs appear to be taking towards fixed income duration, the use of infrastructure and the move away from more niche assets like music royalties.

On the equity side, they discuss the ever-growing popularity of Ninety One Global Environment which was only launched in late 2019 and how the equity income mix might change.

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.

Investors haven't been able to ditch UK equities fast enough, with billions of outflows from these funds during 2022. But that stands in contrast to the recent performance of the FTSE 100, which has approached record highs.

So how can this circle be squared? To find out, we had a chat with Fahad Kamal, chief investment officer at Kleinwort Hambros, and Georgina Taylor, head of multi-asset at Invesco.

They discuss whether valuations are particularly attractive at the moment, whether the cyclicality of the FTSE 100 is a positive and the pros and cons of equity income funds.

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.

This week David Thorpe, contributing editor on FTAdviser, and Dave Baxter, funds editor on the Investors' Chronicle, reflect on 2022 and look ahead to 2023.

They discuss how income investors fared better than others during 2022, the trend among DFMs away from using strategic bond funds, and they reflect on last year's rotation from growth to value investing, and how it might pan out in the coming year.

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.

After an eventful year, Alex Funk, chief investment officer at Schroders Investment Solutions, joins David Thorpe, contributing editor at FTAdviser, and Dave Baxter, funds editor at the Investors' Chronicle, to reflect on 2022.

They discuss where Alex looked to find protection during the year's market turmoil, the outlook for 2023 and the challenges of trying to time a "the most forecasted recession ever".

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.

This week David Thorpe, contributing editor of FTAdviser, and Dave Baxter, funds editor of the Investors' Chronicle, are joined by Fahad Hassan, chief investment officer of Albermarle Street Partners.

They discuss the ongoing risks within equities and why he has sold out of multi-asset style funds. Fahad also explains why he's considering high-yield bonds and he weighs up the pros and cons of these assets versus emerging market debt.

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.

This week Jason Day, senior investment manager at Abrdn, joins Dave Baxter, funds editor at the Investors' Chronicle, and David Thorpe, contributing editor at FTAdviser, to discuss his approach to currency hedging amid the recent volatility in markets.

They also discuss why he likes the "Jurassic Park" nature of UK equities, his use of trackers and how he has shaken up his alternatives holdings recently.

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.

This week David Thorpe, contributing editor of Asset Allocator is joined by Will Thompson, portfolio manager at Pacific Asset Management, while Dave Baxter is off on his holidays somewhere more exciting than the Asset Allocator podcast studio.

Thompson tells us why and how he's preparing for a hard landing, how he's thinking of adjusting his bond holdings as we reach an interest rate "tipping point" and whether fixed income will continue to play an important role as ballast in portfolios given its volatility.

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.

This week Eleanor Ingilby, deputy head of portfolio management at Atomos (which until recently was called Sanlam), joins David Thorpe, contributing editor of Asset Allocator, and Dave Baxter, funds editor of the Investors Chronicle, to discuss how she is using property to achieve diversification and whether any uncorrelated assets really exist anymore.

They also discuss how Atomos's split from the wider Sanlam Group is changing the way its portfolios are managed.

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.

This week Jasper Thornton-Boelman, investment director at Parmenion, joins us to discuss how he has been using bonds in his portfolios recently amid the market turmoil and whether the recent volatility has changed their risk profile.

He also discusses Parmenion's historic preference for direct property over infrastructure and why that is changing. Jasper also explains his approach to equity income and why Parmenion is the only DFM in the Asset Allocator database to use passive funds for UK equity income.

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.

(NB - this podcast was recorded before the Bank of England launched its £65bn bond-buying programme which caused gilt markets to recover sharply)

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.