Episode Details

Jason talks to Robert Wilson, Head of Portfolio Construction and Consultation Services, and Michael Lynds, Managing Director and Head of Retail, both from Picton Mahoney, a well-known Canadian asset manager. The discussion revolves around Picton Mahoney's separate initiative called Second Engine, focused on developing software tools for retail advisors.

Key Points:

1. The conversation delves into data challenges in Canada, highlighting issues such as investment strategies not reporting data, delayed reporting leading to discrepancies, and incorrect data, particularly concerning derivative securities.
2. The discussion revolves around a new approach to portfolio analysis, emphasizing a top-down, return-based methodology as opposed to traditional bottom-up strategies.
3. Robert and Mike touch on broader industry trends, discussing the emergence of point solutions tailored for advisors and the need to contribute intellectual property in various forms.

Tweetable Quotes:

• "Empowering advisors with self-serve tools allows them to deliver portfolio construction insights at scale, consistently meeting client goals." - Michael Lynds
• "The traditional model of hiring specialists is evolving. Advisors now tap into resources and tools to align portfolio components for optimal client outcomes." - Robert Wilson
• "Traditional methodology focuses on holding-based analysis. Our multi-asset approach breaks down risk sensitivity, revealing blind spots in sector over weights that may impact performance goals. It's about seeing beyond what you're holding." - Michael Lynds

Resource Mentioned:

• Facebook – Jason Pereira's Facebook
• LinkedIn – Jason Pereira's LinkedIn
• Woodgate.com – Sponsor
• Podcast Editing

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