Welcome to 2026, where bonds no longer diversify stocks, volatility remains elevated and inflation isn't going anywhere.
So how should advisers and their client portfolio’s respond?
Morgan Stanley Wealth Management Australia Head of Investment Strategy and Solutions, Alexandre Ventelon, believes in this new market regime, advisers must brace for more volatility and “diversify their diversifiers”.
Captured at the annual Morgan Stanley Australia summit last week, this conversation covers:
Chapters:
00:00:00 Introduction
00:01:55 Smarter Fund Selection
00:07:00 What Drives Returns?
00:11:53 The AI CapEx Boom
00:14:09 Diversify Your Diversifiers
00:18:19 Why Underweight Australia
00:23:49 Earnings Over Valuations
00:24:38 Picking Alternative Managers
00:27:26 Private Markets Under Pressure
00:30:16 The Most Important Chart
Links Mentioned:
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CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.
0.50 Total Hours
Knowledge Requirements: Alternative Assets (0.25 hour), Managed Investments (0.25 hour)
Legislated CPD Area: Technical Competence (0.50 hour)
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