Panayiotis Lambropoulos: Risk Mitigation, Portfolio Construction & Seeking Alpha | SALT Talks #44

Panayiotis Lambropoulos is a Portfolio Manager at the Employees Retirement System of Texas, a $28 billion retirement plan located in Austin, Texas. His responsibilities include sourcing, analyzing and evaluating potential third party managers deploying all types of alternative investment strategies. “There is a lot of diversification and dispersion going on beneath the surface of the S&P 500.” This should benefit active managers and active hedge funds. Although passive management is getting attention, the recent rebound in the S&P is due to 4-5 stocks, which account for a quarter of the rally. More than 50% of the S&P is trading below its all-time highs. ————————————————————————— To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks Moderated by Anthony Scaramucci.