Professional managers of other people’s money, like regional banks, private banks, wealth managers, investment companies, (multi-) family offices, etc. are confronted with a situation that forces them to radically change to prevent being squeezed out of the market.
In part two of this video interview, Schuller discusses the implications of the temporary nature of alpha opportunities for fund selection and portfolio construction.
Alpha opportunities are limited, and investors should therefore only select funds which operate in a niche, says Markus Schuller, a Monaco-based consultant who gives asset allocation and strategic advice to global financial institutions.
Markus Schuller, a Monaco-based consultant who gives asset allocation and strategic advice to global financial institutions, talks to EIE’s editor Dylan Emery about the investment implications of investor irrationality, and why passive should be the core of your portfolio.