Paisley Nardini Most Investors Have No Idea Their Portfolio is Missing This

Most advisors have zero alternatives in their portfolios — and their clients are already paying the price.In this episode of Insight Is Capital, host Pierre Daillie sits down with Paisley Nardini, Managing Director and Head of Multi-Asset Solutions at Simplify Asset Management, for a frank and data-driven conversation about why the traditional 60/40 portfolio is showing dangerous cracks — and what advisors can do about it right now. Paisley brings rare clarity to one of the most misunderstood corners of modern portfolio construction: liquid alternatives. Drawing on her career spanning PIMCO, Invesco, and Simplify, she walks through the persistent behavioral and educational barriers keeping advisors away from managed futures, the case for dynamic commodity exposure in an era of geopolitical volatility, and why the stock-bond correlation regime has fundamentally shifted. She shares a stat she rechecked ten times — managed futures at the benchmark index level has outperformed bonds across every trailing period from 5 to 25 years — and makes the case that this isn't a niche strategy for institutions anymore. It's a daily-liquid, low-fee, Morningstar five-star tool sitting right on the advisor's shelf. If your portfolio isn't built for this environment, Paisley has a pointed question: what is it actually built for?Chapters00:00 — The stat Paisley rechecked 10 times: managed futures vs. bonds across every trailing period 02:11 — Major asset managers launching managed futures ETFs and adding them to model portfolios 02:51 — Introduction: Pierre Daillie welcomes Paisley Nardini, Simplify Asset Management 04:23 — Why diversification is more urgent now than it was a year ago 05:01 — Deja vu: the eerie parallels between early 2025 and early 2026 06:39 — Markets are spring-loaded: the bull case for staying invested through volatility 09:00 — Why you can't build portfolios around week-to-week geopolitical headlines 10:31 — The range-bound 10-year yield and what could finally break it 13:56 — The inflation threshold that breaks stock-bond correlation 17:38 — The biggest risk advisors are still ignoring: under-allocation to diversifiers 19:32 — Why commodity allocations have underdelivered — and how to fix that 20:28 — Gold's strange behavior in 2025: momentum trade, not safe haven 22:33 — The cocoa example: truly uncorrelated risk and return 25:08 — Why managed futures adoption is a behavioral problem, not an investment problem 37:48 — The illusion of diversification: how a basic 60/40 leaves investors exposed 38:29 — Liquid alts demystified: daily liquidity, no K-1s, fees as low as 30 basis points 41:06 — Five years ago this wasn't possible: the democratization of institutional strategies 42:18 — The two-legged stool: why portfolios need a third leg 43:25 — How much to allocate: why less than 10% probably won't move the needle 44:27 — Why Simplify's CTA ETF deliberately excludes equities and FX 47:55 — The mirror-image chart: CTA's zig-zag pattern against the 60/40 49:13 — The hedge that pays you: outperforming 60/40 while providing ballast 49:39 — Positioning multi-asset portfolios for the commodity super cycle 51:57 — How advisors can explore Simplify's model portfolios as a starting point55:57 — Paisley's 12-month prediction: rates will surprise everyone#ManagedFutures #LiquidAlternatives #PortfolioDiversification #CTAStrategy #SimplifyAssetManagement #TrendFollowing #CrisisAlpha #6040Portfolio #AlternativeInvestments #WealthManagement #FinancialAdvisor #ETFinvesting #CommoditySuperCycle #InsightIsCapital #AdvisorAnalyst #PortfolioConstruction #BondReplacement #MacroInvesting #RiskManagement #InvestmentStrategy