Regime shifts, rule-based frameworks and the humbling of the markets | Lorne Johnson

In episode 91, Alex Proimos speaks with Lorne Johnson, managing director and director of institutional solutions at QMA (a PGIM company).

This episode covers the market regimes and policy uncertainty and how to allocate based on assumptions of growth, inflation, and interest rates. We discuss how to manage a portfolio during a period of high convexity in interest rates, the suppression of volatility by central banks and asset correlations higher than in history. Finally, we talk about the role of leverage and hedging in portfolios and the importance of a portable alpha overlay.

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.