In this Q&A, we ask Steve Falci, Head of Systematic & Multi-Asset Strategies at Impax, for his insights on allocating strategically in the current macroeconomic environment. He outlines his conviction in multi-asset investing and where he perceives opportunities for both active portfolio management and diversification.
Steve is joined by Senior Portfolio Managers Tony Trzcinka and Andy Braun, who discuss how they use portfolio construction and disciplined review processes to help investors navigate challenging market conditions.
Our long-term convictions:
- We believe the fundamental rationale for a multi-asset approach remains intact, with vigilance around risk management and a focus on additional sources of diversification and return, even in an inflationary, rising-rates environment
- We believe having the transition to a more sustainable economic model embedded in the structure and holdings of our underlying portfolios can drive better long-term risk-adjusted returns as that transition accelerates
- We believe a ‘core-satellite’ approach to asset allocation can add diversification and potential upside to a balanced portfolio, within investors’ risk tolerances