394. From uranium to frontier matters: finding value where others aren’t looking

In a volatile and often unpredictable market, finding reliable returns is becoming increasingly challenging. This episode explores a defensive, multi-asset approach with SVS RM Defensive Capital manager Dr Niall O’Connor. This fund looks beyond traditional equities and bonds, focusing instead on overlooked, under-researched opportunities. From high-yield bonds and discounted investment trusts to commodities and frontier markets, the interview highlights how diversification is evolving. It also examines why traditional hedges may no longer behave as expected, the risks posed by inflation, and where genuine opportunities still exist. With a strong emphasis on valuation discipline and identifying neglected assets, this episode offers a fresh perspective on building resilience in today’s investment landscape.What’s covered in this episode: Alternative assets beyond traditional marketsInvesting in overlooked, under-researched opportunitiesNavigating volatility in bonds and equitiesCapital preservation vs growth vs diversifiersHigh-yield bonds and income strategiesDiscounted investment trusts and valuation opportunitiesBiotech, private equity, and “unloved” sectorsCommodities and uranium exposureWhy traditional hedges may be failingInflation risks and consumer pressureMarket polarisation and AI-driven enthusiasmFrontier markets and global opportunitiesLearn more on fundcalibre.comPlease remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.