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)
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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 global equities.
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Schroders
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...
Expertise
Schroders
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...
Expertise
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