Wealth Management Invest: Opportunities Beyond Large Cap Stocks with BNY’s Alicia Levine

In this episode of Wealth Management Invest, host David Bodamer speaks with Alicia Levine, chief investment officer at BNY Wealth, about market forces influencing portfolio decisions. The conversation covers corporate earnings strength, gains extending beyond large-cap technology, and opportunities in small caps and international equities. Levine also describes BNY Wealth’s approach to diversification through real assets, short-term fixed income and alternatives, and discusses private credit conditions, due diligence on newer products and tax-managed strategies.

1. Levine discusses strong earnings across large caps and small caps and fundamentals in international markets as part of a broadening equity opportunity set.
2. She describes how real assets, short-term fixed income and alternatives can add diversification to portfolios.
3. She says newer private credit vintages and fund structures may differ from the direct lending opportunities of several years ago.
4. She explains how three-year track records, manager research and operational reviews shape decisions on new products, and how tax-managed strategies and capital gains budgets can help with taxable portfolio changes.