The 9th Annual Private Wealth Southern California Forum, held on October 14 at The Maybourne Beverly Hills, brought together top Chief Investment Officers to discuss investment strategies in the wake of the Federal Reserve's recent interest rate cut. Dr. Alyce Su, Chief Investment Officer at PIMCO Partner Family Office, headlined a panel titled "Navigating Markets: Investment Strategies and Macroeconomic Outlook," emphasizing the importance of disciplined asset allocation in a non-recessionary easing cycle.
Dr. Su outlined a three-pronged tactical strategy: locking in bond yields through short-duration investment-grade credit, long-duration municipal bonds, and hybrid securities; leaning into equities with targeted allocations to the S&P 500, Russell 2000, and sectors including Artificial Intelligence (AI), financials, industrials, power, and defense; and holding alternatives such as hedge funds for diversification and long-term value capture. She noted, "Now that the Fed has adopted a more cautious tone, we find ourselves in a non-recessionary easing cycle — a backdrop that has historically supported both fixed income and equities."
The forum, hosted by Markets Group, addressed broader market and policy themes, including global trade risks, labor market dynamics, interest rate trajectories, and the potential impact of the new OBBBA fiscal stimulus bill. Dr. Su also shared perspectives on global investment trends, highlighting Hong Kong's emergence as a leading IPO hub and its growing role as a public-market parallel to the U.S. private equity ecosystem.
The event underscored Southern California's rising influence as a global financial center, providing regional investors with access to institutional-grade insights and expertise. Dr. Alyce Su, who holds a PhD and CFA and CAIA designations, brings over 25 years of experience from senior roles at PIMCO, Goldman Sachs, UBS, and McKinsey. She oversees multibillion-dollar institutional portfolios and is recognized for her strategic investment acumen and macroeconomic insight.
