Atrium

Technology stocks at the big end of the S&P500 have enjoyed a (mostly) golden run, but Atrium Investment’s Brendan Paul warns that Nvidia’s astronomical valuation may have tipped the balance.

Money might not be free anymore but there’s still plenty of it sloshing around in markets and the economy. When it runs out, the resulting upheaval (and higher inflation) could herald the return of active management.

Active management might be back in a big way but asset managers need to make sure they’re getting what they pay for: skill, not luck. Figuring out manager style and factor biases is key.

The RBA will either take the road that equity markets are pricing in, and try to nail a smooth landing, or follow the road that bond markets anticipate and re-raise interest rates, according to Atrium’s Brendan Paul.

Glen Foster from Atrium Investment Management speaks with Peter White at The Inside Network’s Asset Allocation & Portfolio Construction Symposium on the concept of risk-targeted investing.