Interview with Peter Switzer on What's Cheap/Expensive

In this interview I discuss with Peter Switzer what asset-classes are cheap and expensive and what the bond market is telling us about the economy. I also shed some light on our contrarian investment style in which the cash deposit weight in our core portfolio has oscillated between circa 15% and 85% when Aussie credit spreads have been at very tight and wide levels, respectively. I don't think there are any other Australian fixed-income fund managers that are as active as us in either their asset-allocation between cash and credit or their secondary trading...You can watch it for free here: (VIEW LINK)