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18 results for “portfolio strategy”
Topic2 mentions across episodes
portfolio strategy
...portfolios, and stocks are those higher risk, higher return strategies, and bonds are stable returning, lower risk strategies. You know, from our perspective, there's lots of strategies that can fall into both. Within equities in higher risk, higher
25:31 / 26:33
from transcript25:31 – 26:33
...portfolios, all else being equal, should own more bonds and less absent returning hedge funds as part of that stable returning lower risk mix. So as the person who oversees the investment management, investment research process here, I actually look
32:15 / 33:22
from transcript32:15 – 33:22
...strategy. There's just so many other things we can do within both to build much more attractive portfolios. On that opportunistic piece, how do you think about when to do it and how to size it? It really depends. Sizing is very client specific. And s
38:13 / 39:32
from transcript38:13 – 39:32
You know, that and there's nothing wrong with that because simply these people have limited time, you know, and somebody who's gonna be a larger client will get more in almost any line of business. You know, in terms of access, it does vary. I think,
37:25 / 38:31
from transcript37:25 – 38:31
...equity strategy doesn't make it some magical, mystical alternative beast.
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from transcript36:45 – 37:52
...strategy has lost money two years in a row. Why are you still running it? If we take a look at things like strategic tilting, think of this as a candidate tactical asset allocation. These are strategies, which by definition could be a very long horiz
26:58 / 28:06
from transcript26:58 – 28:06
...long only strategy? The penny dropped at that point that we need to shift tactically into long only. That's when we launched our local currency debt strategies and since then have tilted the public markets business. The second thing that it made me r
33:46 / 34:45
from transcript33:46 – 34:45
...with portfolios that there's just one risk factor, which is equities. So having a strategy that was highly convex to, let's say, a move in oil or gold or something like that, it might work for those investors' funds, might not work at all. So that's
18:02 / 19:07
from transcript18:02 – 19:07
The fifty fifty chance they're gonna be short apple already. Now you don't have to hold capital against that apple. Whereas if you were two separate hedge funds, you'd hold capital against being long apple, and you have to be capital against getting
18:45 / 19:55
from transcript18:45 – 19:55
...my portfolio. I'm adding real estate maybe because I wanna have a little bit of a buffer for the volatility that I know will occur over time. So if we start to think about it in the same sort of way, that what is the role of it, and ultimately, how d
5:52 / 7:08
from transcript5:52 – 7:08
...this total portfolio. When we combine our dynamic convexity and our trend following strategies into one strategy, it's called risk responders. We use, roughly speaking, in a benign market, 23% of the cash for margin.
14:59 / 16:06
from transcript14:59 – 16:06
...portfolio to provide certain sort of outcomes over the long run. I think in the wealth channel, it's a little bit more challenging because I think the temptation is the advisor's value proposition. I don't think that's the case, but I think a lot of
17:14 / 18:28
from transcript17:14 – 18:28
You know, at the end of the day, most multistrategies make most of their money from kind of, I would call it, equity alpha, for lack of a better word, which can include traditional long short equity, quant equities, index rebal. We've heard about tha
38:14 / 39:15
from transcript38:14 – 39:15
...that portfolio. We're looking at those opportunities. We're thinking about when we look at a given external or internal strategy, we're thinking about what's the persistent beta of that strategy, what do we think the excess return looks like, and how
29:15 / 30:17
from transcript29:15 – 30:17
Ideally, you don't get overweight one versus the other. So you try to keep it within some tolerances or ranges. Within that, you're competing with a sharp ratio. You're trying to find strategies that have a sufficient sharp ratio that clears your cos
41:55 / 43:04
from transcript41:55 – 43:04
...than what you saw in sort of legacy teams? Well, I'll just give you one example. There's many, many examples, but one very simple example is today, we have a portfolio like like all of them, really, of our size, which is very growthy and very exposed
12:02 / 13:06
from transcript12:02 – 13:06
...our portfolios to be about a 100% long when we're fully invested and 60% to 70% short. The reason I do that is is I'm not a big fan of leverage, and so I kinda cap it at where I wouldn't have to borrow over a 100%. We're also shorting to to make mone
39:45 / 40:50
from transcript39:45 – 40:50
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