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Discussing the impact of fiscal and monetary stimulus on private equity markets and how private equity can enhance portfolio returns. Exploring the differences between venture capital and buy-outs, and how private equity benefits smaller businesses. Examining current trends in private equity investments and the evolution towards growth acceleration for premium returns.

Watch the video version on YouTube.  Portfolio Managers from across J.P. Morgan Asset Management to help shed some light on the rapidly growing and increasingly important world of alternatives. These conversations will range from broad overviews of the entire opportunity set, to asset class-specific deep dives across private equities, private credit, real estate and more. Since 1950, the classic 60/40 stock-bond portfolio has delivered a strong annualized return of 9.3%. However, with elevated valuations across U.S. equities and low bond yields relative to history, returns from public markets may be less impressive moving forward. That said, for those willing to venture outside of the classic 60/40, adding a sea of alternatives to a portfolio can meaningfully improve outcomes and enhance returns. Of course, there are many different types of alternative assets, each with their own distinct characteristics. For investors, understanding how to leverage these alternative strategies can make the difference between falling short of your long-term goals and surpassing them. For today’s episode, Dr. David Kelly is joined by Pulkit Sharma, Head of Alternative Investment Strategy and Solutions here at J.P. Morgan Asset Management, to discuss the benefits of allocating to alternatives and the opportunities that he’s seeing across alternative asset classes. For more resources, please visit the Guide to Alternatives.

This year had no shortage of surprises for investors, from strong returns in stock markets to the impressive resilience of the U.S. economy. Along the way, we’ve confronted all sorts of shocks: a new war in the Middle East, Washington dysfunction, even higher interest rates while the labor market and consumer have seen continued strength. As we look to 2024, there is cause for both concern and optimism. A soft landing is still in view, but there’s a number of risks that could potentially divert us from that path. On this episode, Dr. David Kelly is interviewed by Stephanie Aliaga, Research Analyst, to discuss the economic outlook for 2024. For more insights, read the full investment outlook here. 

Watch the video version on YouTube.  Successful long-term investing requires both the flexibility to navigate the ever-changing market tides and an engine of long-term assets to carry you forward. In this episode, we’re going to talk about both—how investors can build portfolios to navigate volatile market environments and generate better long-term returns. Such an endeavor requires an in-depth understanding of portfolio composition, the drivers of risk and return and the right mix of asset classes that are best suited for different market environments. In today’s episode, Dr. David Kelly is joined by Corey Hill, Head of U.S. Portfolio Insights at J.P. Morgan Asset Management, to dive into how his team is helping investors build stronger portfolios. Stress test your portfolios in future market scenarios (Powered by research from Dr. David Kelly), visit the tool here.

Watch the video version on YouTube.  The menu of investment solutions has evolved dramatically over the last 10 years, as innovation in financial planning tools has enabled the development of customized and flexible strategies. This episode discusses one of model portfolios. With increased efficiency, better customization, and greater flexibility, model portfolios are built to navigate unpredictable market cycles while maintaining a focus on the needs of investors. Dr. David Kelly is joined by Beth Nardi, Head of Model Portfolio Distribution at J.P. Morgan Asset Management, to help us learn about model portfolios: what they are, who they’re made for and the investment challenges they’re designed to address.

Watch the video version on YouTube.  Regardless of where you are in life, you need a plan for the future, and for most Americans, that involves planning for retirement. The task can feel overwhelming at times and easily be pushed aside for later, more pressing times. However, a well-constructed plan for the future not only helps ensure a secure retirement, but can be a powerful engine for savings and wealth generation. For today’s episode, Dr. David Kelly is joined by Michael Conrath, Chief Retirement Strategist at J.P. Morgan Asset Management to guide us through the toolkit for retirement planning and the key strategies that individuals can leverage. Explore our insights on retirement strategies: https://bit.ly/3MDHxYd

Explore the evolution of ETFs and the rise of active ETFs. Benefits of active ETFs include outperforming benchmarks, managing risk, and delivering specific outcomes. Active ETFs offer long-term investment, tax efficiency, and portfolio balancing. The potential of active ETFs to double the size of the industry within five years is discussed. The ETF industry's accelerated growth during bear markets and recessions prompts the exploration of new solutions. Next episode will focus on retirement savings strategies.

Watch the video version of the podcast on YouTube. In this episode, we dive into alternative assets. Alternatives have seen incredible growth in the last decade, and have provided new strategies for investing in public and private markets, as well as better ways to generate alpha, income and diversification in traditional stock and bond portfolios. There are many kinds of alternative assets, and all have specific benefits and risks that require investors to understand each of them individually. Alternatives have also become much more accessible, and the growth of their overall asset size increasingly means that all investors—regardless of whether they’re actually invested or not—need to know what is happening in alternative markets. For this conversation, Dr. David Kelly is joined by Anton Pil, Global Head of Alternatives, who has led the impressive growth of the alternatives platform at J.P. Morgan Asset Management. For more insights on alternatives, visit our website here. 

As we wrap up our summer series, Market Movers, Dr. David Kelly is joined by Michael Feroli, Chief U.S. Economist for the JP Morgan Investment Bank, to dive into the outlook for the U.S. economy and the Federal Reserve (Fed). Inflation has continued to moderate and economic data has proved resilient since the Fed’s July meeting, raising hopes for a soft-landing. Meanwhile, stock markets have continued to fare much better with investor sentiment resembling the start of a new bull market. For investors, many questions remain before we can call an “all-clear” on the economic outlook, and looking beyond the cycle, more structural changes may define long-term implications for the pathway of rates, growth and inflation. In this episode, two of JP Morgan’s most prominent thought leaders sit down to tackle many of these questions.

Watch the video version of this episode on YouTube.  While the broader economy has remained resilient this year, the real estate sector has faced its fair share of headwinds. Higher mortgage rates and home prices have weighed on the residential sector and tighter lending conditions following the regional banking crisis have created a challenging backdrop for commercial real estate. Additionally, it remains unclear whether pandemic-induced disruptions are merely temporary road-bumps, or the beginnings of a new “regime” within real estate. For today’s episode, Dr. David Kelly is joined by Dave Esrig, a Portfolio Manager at J.P. Morgan Asset Management, to discuss the trajectory of the real estate market.