Foundations of Asset Allocation

In our third episode, we’re joined by Victor Haghani. Victor is the founder of Elm Wealth, a research driven-driven wealth advisor and investment manager. Prior to staring Elm, Victor was a founding partner at Long-Term Capital Management, and its successor fund JWM Partners.

Victor and his team put out some of the clearest and most thought provoking research on asset allocation in the industry, and this episode is totally in line with that. During this episode, Victor outlines the mechanics behind systematic approach that Elm takes to asset allocation, offering us insights on how to think about expected returns, risk, and portfolio construction. We also discuss their new ETF, the ELM Market Navigator (ELM), which applies their investment framework.