How to generate high alpha without high concentration | Dr David Allen
Murdoch speaks with Dr David Allen, Plato Investment Managements Head of Long/Short Strategies & PM of the Plato Global Alpha Fund.
Add us as a preferred Google source
In today’s ROCast Murdoch speaks with Dr David Allen, Plato Investment Managements Co-Head of Research, Head of Long/Short Strategies and Portfolio Manager of the Plato Global Alpha Fund.
Keen rugby fans out there, you may be familiar with David as he was a professional Rugby Union player and is currently the President of Eastern Suburbs Rugby Union Club.
For me I enjoyed hearing David explain their unique structure and how the fund achieves high alpha returns without having a highly concentrated portfolio. Combined with the Red flags process and the ability to go long short the fund has generated 8.5% p.a over the MSCI world index since inception.
Plato Global Alpha Fund - Monthly Report | 31 October 2023
The Plato Global Alpha Fund delivered a return of 0.31% (after fees) in October versus the MSCI World benchmark of –1.02%. The Fund has outperformed the MSCI World benchmark by 8.77% per annum since inception, beating the benchmark in 87% of rolling quarters. The Fund is now up 25% year to date. The upside capture is 1.21 and the downside capture is 0.76. The MSCI World index continued the September decline as 10 year treasuries levels flirted with the 5% barrier. The Treasuries sell-off is now the most severe since 1787. Equity markets were roiled as Hamas launched attacks inside Israel. Unprofitable technology companies were again hammered along with companies with high growth and low margins. Bond proxies and expensive defensives did well. Key stock contributors year to date include NVIDIA, Broadcom, and Novo Nordisk up 205%, 85% and 80% respectively.
Companies mentioned are illustrative only and not a recommendation to buy or sell any particular security.
Source: Plato Monthly Fund Fact Sheet
Follow The Rate Of Change to never miss a ROCast.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Murdoch Gatti is the founder of York Wealth Management and a private wealth adviser to families, business owners and professionals.
York helps clients make better long-term decisions about how their capital is invested, structured and passed on. That covers portfolio construction, retirement and superannuation strategy, and planning for the transfer of wealth between generations.
Murdoch also hosts The Rate of Change, a podcast where he interviews fund managers, investors and business leaders, then tests what he hears against the data.
Outside work, Murdoch and his wife Yasmin have two young children.
........
York Wealth Management Pty Ltd ABN 46 605 610 679 is a Corporate Authorised Representative (No. 001007972) of AD Advisory Services Pty Ltd ABN 68 005 830 802, AFSL No. 237058. Murdoch Gatti is an Authorised Representative (No. 001007979) of AD Advisory Services Pty Ltd.
This article contains general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on it, you should consider whether it is appropriate to you in light of your objectives, financial situation and needs, and seek professional advice where appropriate. If a financial product is referred to, you should obtain and consider the relevant Product Disclosure Statement and Target Market Determination before making any decision about it.
Every reasonable effort has been made to ensure the information is accurate at the time of publication, but no representation or warranty is given as to its accuracy, completeness or currency. Views of podcast guests and other third parties are their own. Links to third-party websites are provided for convenience only; we do not endorse and are not responsible for their content. Past performance is not a reliable indicator of future performance.
York Wealth Management, AD Advisory Services and their representatives may receive fees or other benefits in relation to financial products and services. Please refer to our Financial Services Guide, available from York Wealth Management, for more information.
.png)
4 topics
3 stocks mentioned
.png)
Murdoch Gatti is the founder of York Wealth Management and a private wealth adviser to families, business owners and professionals. York helps clients make better long-term decisions about how their capital is invested, structured and passed on....
Murdoch Gatti is the founder of York Wealth Management and a private wealth adviser to families, business owners and professionals. York helps clients make better long-term decisions about how their capital is invested, structured and passed on....
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Question everything
Schroders
Buy Hold Sell
Buy Hold Sell: 5 ASX ‘stayers’ to go the distance
Livewire Markets