Opportunities in the chaos
In The AFR I argue that there are attractive investment opportunities in the extreme chaos gripping global financial markets and offer a mathematical view of how you should have allocated your capital over the last 27 years had you had perfect foresight. I also run the ruler over CBA's latest results in the context of criticisms levied by the hedge fund shorts: my conclusion is unambiguously that they are equity (credit) negative (positive). More sophisticated readers might enjoy my portfolio optimisation analysis across Aussie equities, US equities, Aussie government bonds, corporate debt, and cash (first table below), and my quantification of the likelihood of negative monthly returns in equities and debt (second table below). Read for free (VIEW LINK)
Chris co-founded Coolabah in 2011, which today runs over $8 billion with a team of 26 executives focussed on generating credit alpha from mispricings across fixed-income markets. In 2019, Chris was selected as one of FE fundinfo’s Top 10 “Alpha...