ReSolve Riffs: Risk Parity with RPAR ETF creators Alex Shahidi and Damien Bisserier

This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day. It is, without a doubt, the most logical starting point for any portfolio that seeks both global diversity and risk balance. Preparation before prediction. First, do no harm. Yet there is a wide range of ways to structure and deploy Risk Parity – as always, the devil is in the details (for a deeper dive check out our recent whitepaper). We had the pleasure of speaking with Alex Shahidi and Damien Bisserier (co-founders of Evoke Wealth and ARIS Consulting), creators of the popular RPAR ETF, on topics that included: Their history and journey before joining forces Multiple definitions and iterations of Risk Parity The consistent mispricing of global diversification benefits (why Risk Parity works) Why the investment industry is wired to overweight prediction and underweight preparation Behavioral hurdles and the real struggle with FOMO Of course, it wouldn’t be a true Risk Parity debate without addressing the role of bonds in the current zero-bound environment and the importance of duration adjustments on bond holdings, as well as the role of currencies and different ways of obtaining exposure to commodities. A true Risk Parity primer. Thank you for watching and listening. See you next week.