The 2019 financial year was a tale of two halves, with the December 2018 half recording sharp losses and the June 2019 half rebounding with very strong gains.
In this update, Chris Molloy, CIO of Morrows Private Wealth, provides an insight into where we are in the market cycle heading into 2020 and the implications for investment portfolios from a risk and return perspective.
About Chris Molloy
Chris joined Morrows in 2001 and was appointed Chief Investment Officer (CIO) in 2007, as well as Responsible Manager on the Morrows Private Wealth Australian Financial Services Licence (AFSL) in 2010. In 2014, Chris was awarded “Hedge Fund Adviser of the Year” at the Australian Hedge Fund Awards in recognition of his commitment to the hedge fund industry and his advocacy of absolute return investing. As CIO, Chris oversees the Morrows Private Wealth Investment Committee and is responsible for managing MPW’s portfolio construction and investment selection process