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In this episode, Dr. David Kelly is joined by Ash Williams, Vice Chair of J.P. Morgan Asset Management. Ash served as Chief Investment Officer and Executive Director of the Florida State Board of Administration, where he oversaw $250 billion in assets. He has extensive experience as an institutional investor in both public and private markets. Throughout their conversation, they cover a range of topics surrounding the importance of alternatives in a portfolio and the best approach to constructing a portfolio with alternatives.

Timestamps:

Introduction (00:00:00)
Risk and return within alternatives (01:27)
Allocating capital toward alternatives (04:37)
Process of picking specific alternatives (06:30)
Institutional vs. individual portfolio allocations to alternatives (13:01)
Importance of manager selection (15:40)
Opportunities in alternatives today (17:06)

Resources:

For more resources on Alternatives, visit our Guide to Alternatives and Principles of Alternatives Investing

Listen to the audio version of the Alternative Realities podcast: Apple Podcasts | Spotify

Alternative Realities: Powering portfolios with alternatives