How I Invest Podcast: Chaya Slain - The Death of the 60/40 Portfolio (And What Comes Next)

Virtera Partners President and Chief Investment Officer Chaya Slain was recently featured on How I Invest with David Weisburd, an episode that aired on April 9th. The conversation covers one of the most pressing questions facing investors today: why the traditional 60/40 portfolio is increasingly failing to do its job.

Slain points to a pattern that has become difficult to ignore. Since 2022, bonds have consistently underperformed as a portfolio hedge during equity drawdowns — and March offered the latest example, with bonds down 1.8% while global equities fell 7.2%. The diversification that investors have long counted on simply isn't showing up when it's needed most.

In the episode, Slain makes the case for trend following as a powerful alternative diversifier — one capable of building more resilient portfolios in environments where traditional asset class correlations have broken down. She also speaks to the investment philosophy that underlies everything Virtera does: a commitment to long-term thinking, strong fundamentals, and disciplined execution.

Those principles are reflected directly in Virtera's Dynamic Equity Fund, which combines equities with trend following and long volatility strategies in a single portfolio. In an environment where interest rates remain elevated and traditional portfolio construction is under pressure, the fund is designed to offer a differentiated option — one that also features monthly liquidity and a focus on tax efficiency, distinguishing it from many alternatives in the space.

The full episode is available here.