Defining risk, bold decisions and capturing the right tail | Chris West

In episode 82, Alex Proimos speaks with Chris West, co-founder of Context Capital Consulting and former chief investment officer at WA Super before its merger with Aware Super.

This episode discusses the biggest issue in portfolio construction: low base rates and corresponding depressed risk premia across all asset classes. We cover how risk is multi-faceted, but there will be nuances given their context and how risk is path-dependent for each investor. The conversation goes into defining success and failure for various investor types and how it impacts portfolio construction. Finally, we discuss the changing nature of asset correlations, derivative programs, hedging, asymmetric payoffs and whether the role of cash in portfolios?

Show Notes

All views expressed on this podcast are subject to change and do not necessarily reflect the views of Conexus Financial. This podcast is for educational purposes only and should not be relied upon as investment advice.

What is Market Narratives?

Market Narratives is a podcast series hosted by Investment Magazine that features unorthodox conversations with thought leaders influencing the world of fiduciary investors.

Investment Magazine is the leading publication for Australia's $3 trillion superannuation industry. It provides trusted news, analysis and editorial on the issues impacting superannuation funds, such as regulation, asset allocation, portfolio construction, governance, as they strive to secure better retirement outcomes for their members.