This week Shanti Kelemen, chief investment officer at M&G Wealth, joins Joseph Wilkins and David Thorpe to discuss US equities and the extent to which she's worried about volatility caused by the looming presidential election.

They also discuss the state of the wider US economy and whether the divergence between inflation and interest rate expectations are causing her to shift her fixed income allocations.

Kelemen also explains whether she sees value in emerging markets due to shifting monetary policy.

The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions.

It is available on Spotify, Apple Podcasts, Google Podcasts, Acast and most other major podcast platforms.