| April 21st, 2026 | 4:15pm EST | 1:15pm PST | 1 CE Credit |
Today’s market backdrop may feel unprecedented, but history suggests many of these dynamics have played out before. In the late 1960s and 1970s, policymakers attempted to support growth while managing inflation, all against a backdrop of geopolitical tension and supply shocks. The result was a more volatile, inflationary environment where market leadership shifted, and diversification mattered more than expected.
As similar pressures build today, the key question is whether investors are positioned for a change in regime or still anchored to what worked last cycle. Join Rich Bernstein & Mike Contopoulos as they discuss what today’s environment may share with the 1960s and 1970s, and what that could mean for portfolios going forward.
This program is pending approval for one hour of continuing education (CE) credit by The Investment and Wealth Institute for CIMA®, CPWA®, RMA®, and CIMC designations and is pending approval for one hour of CE credit by the Certified Financial Planner Board of Standards for the CFP® designation.
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Richard BernsteinGlobal Head of Macro Investing & Custom Strategies, Janus Henderson InvestorsRichard Bernstein is the Global Head of Macro Investing & Custom Strategies at Janus Henderson Investors. He joined the firm in 2026 following Janus Henderson’s acquisition of Richard Bernstein Advisors LLC (RBA). In this role, Richard leads a global team dedicated to investment models, ETF construction, and customized macro solutions. He founded RBA in 2009 and was the Chief Executive Officer and Chief Investment Officer. As CIO, Richard oversaw the firm’s investment committee, managing multi-asset, global equity, and fixed income ETF strategies for financial advisors and institutions. He helps write RBA’s monthly Insights which has over 25,000 subscribers, is a frequent guest on CNBC and Bloomberg TV, and is regularly quoted in leading publications like Barron’s, Financial Times, and The Wall Street Journal. Before founding RBA, Richard was with Merrill Lynch & Co from 1988, most recently as the chief investment strategist. Prior to this, he held positions at E.F. Hutton and Chase Econometrics/IDC. Richard is a trustee of Hamilton college and currently sits on the Hamiton College Endowment’s Investment Committee. He was formerly a chair of the Alfred P. Sloan Foundation Endowment’s Investment Committee. He was also a past member of the Journal of Portfolio Management’s Advisory Committee and former adjunct faculty of the NYU/Stern Graduate School of Business. Richard received a BA in economics from Hamilton College and an MBA in finance, graduating Beta Gamma Sigma, from New York University. He has 45 years of industry experience. |
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Michael ContopoulosHead of Multi-Asset Macro Investing, Janus Henderson InvestorsMichael Contopoulos is Head of Multi-Asset Macro Investing at Janus Henderson Investors. He joined the firm in 2026 following Janus Henderson’s acquisition of Richard Bernstein Advisors LLC (RBA), where he served as deputy chief investment officer. In this role, Michael leads the team's macro-driven multi-asset investment process, overseeing portfolio positioning and implementation while working with the Investment Committee on asset allocation decisions. Prior to joining RBA in 2020, Michael was chief investment strategist at Anchorage Capital from 2017. Earlier in his career, he held senior strategy and leadership roles at Bank of America Merrill Lynch from 2004, most recently as head of high yield and leveraged loan strategy from 2012. He was a credit portfolio strategist with Credit Suisse First Boston from 2002 and began his career at Tudor Investment Corporation as a research analyst in 1999. Michael received a BA degree in economics and political science from Columbia University and an MBA from New York University, Stern School of Business. He has 27 years of industry experience. |
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Terry OberManaging Director, SMA Model Specialists, Janus Henderson InvestorssTerry Ober is Managing Director, SMA Model Specialists at Janus Henderson Investors. He joined the firm in 2026 following Janus Henderson’s acquisition of Richard Bernstein Advisors LLC (RBA). In his role at RBA, Terry led the national sales effort and was responsible for key accounts. Earlier in his career, he was a regional vice president for ING U.S. Investment Management in 2012. Prior to that, he spent 14 years at Cohen & Steers Capital Management, most recently as senior vice president, portfolio specialist. Terry has a BSc degree in business management from Babson College. He has 34 years of financial industry experience. |
1Institutional Investor rankings relate to Richard Bernstein personally, and not to Richard Bernstein Advisors LLC. Mr. Bernstein was named to Institutional Investor’s “All-America Research Team” from 1991 through 2008, including a top-ranking in Equity Derivatives, Portfolio Strategy and Quantitative Research in 1995 through 2004. Mr. Bernstein was inducted into Institutional Investor’s All-American Research Hall of Fame in 2011. Institutional Investor is a leading international business to business publisher, focused on the publication of premium journalism, newsletters and research. The published rankings are based on responses to multi-factor surveys from a large number of investment professionals across a broad range of asset management firms that meet certain minimum eligibility requirements, including a minimum amount of sell-side commissions annually. The formula Institutional Investor uses to develop its rankings is proprietary. The rankings are not indicative of future performance, and there is no guarantee of future success. For additional information, visit www.institutionalinvestor.com.
Disclaimer: The views expressed during this webinar, which may include forward looking statements, are those of the portfolio manager and are as of today's date only. These views are subject to change at any time based upon market or other conditions, and the investment adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions are based on many factors, may not be relied on as an indication of trading intent on behalf of any Richard Bernstein Advisors strategy. Any examples discussed should not be considered an indication of the experience of clients. It should not be presumed that any strategies discussed will be profitable or will equal the experience of the example. The views and strategies described may not be suitable for all investors.
ABOUT RBA: Richard Bernstein Advisors (RBA) specializes in longer-term, top-down, macro-driven strategies that blend macroeconomic research with quantitatively guided portfolio construction. Founded in 2009 and led by renowned strategist Richard Bernstein, RBA provides clients with tailored asset allocation solutions and thematic strategies focused on long-term structural shifts, all embedded with their intellectual capital. RBA's investment insights as well as further information about the firm and products can be found at www.rbadvisors.com.
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