Multi Asset – The complacency gap

The idea of a complacency gap is that low implied market volatility (VIX) is inconsistent with the deterioration in valuations and high risk of loss. While recent market weakness associated with an increase in market volatility has reduced this gap, it nonetheless remains relatively wide – especially for bonds. The bottom-line is that structural valuations are still problematic implying inadequate risk premium and an elevated risk of loss in most assets. You can read further at “Real Matters: The real and the imagined” (VIEW LINK) or in more detail at “Real Matters: Multi-Asset: Update & Outlook” (VIEW LINK)


Established in 1961, Schroders in Australia is a wholly owned subsidiary of UK-listed Schroders plc. Based in Sydney, the business manages assets for institutional and wholesale clients across Australian equities, fixed income and multi-asset and...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.