Relative Return: Concentration risk is reshaping index investing

In this episode of Relative Return, host Olivia Grace-Curran and Macquarie Asset Management's head of ETFs, Blair Hannon, discuss the evolving narrative around diversification, as well as how passive ETFs have transformed investing by providing greater access, lower cost and simple exposure to broad markets. Blair explores how concentration risk is changing the way investors should think about passive strategies, active ETFs and portfolio construction and how investors can navigate the next phase of index investing. In this episode, Blair discusses:  The changing nature of index investing  Why diversification may not look the way investors expect  Moving beyond the active versus passive debate  The role of active ETFs in modern portfolios  Why fixed income requires a different approach