About this episode

The episode discusses how changing market conditions are affecting diversification strategies in investing.

Alan Dunne is joined by Mike Pyle, Deputy Head of BlackRock’s Portfolio Management Group, to explore how a supply-driven world is reshaping markets and portfolio construction. They discuss the transition from the demand-constrained 2010s to an era defined by scarcity, fiscal activism, geopolitical shocks and the immense capital demands of AI. Pyle explains why bonds may no longer provide the diversification they once did, why hedge funds and market-neutral strategies are becoming increasingly important, and how portable alpha can separate beta from return generation. They also examine AI productivity, equity valuations and what should replace the traditional 60/40 portfolio. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE ----- Follow Niels on Twitter , LinkedIn , YouTube or via the TTU website . IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written  here . And you can get a free copy of my latest book “ Ten Reasons to Add Trend Following to Your Portfolio ” here . Learn more about the Trend Barometer here . Send your questions to&nbsp…

People in this episode

Host: Alan Dunne

Guest: Mike Pyle

Topics covered

• diversification
• portfolio construction
• market trends
• AI impact
• investment strategies

Keywords

• diversification
• portfolio management
• AI
• hedge funds
• market-neutral strategies

Mentioned in this episode

Organizations: BlackRock

Products: Ultimate Guide to the Best Investment Books, Ten Reasons to Add Trend Following to Your Portfolio

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