# #84 Beyond the index: why concentration risk may be active management's biggest opportunity

Page: https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/84-beyond-the-index-why-concentration-risk-may-be-active-management-s-biggest-opportunity
Text version: https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/84-beyond-the-index-why-concentration-risk-may-be-active-management-s-biggest-opportunity.md
Podcast: [The Investment Perspective, with Ninety One](https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967)
Published: 2026-05-19T14:03:13+00:00
Episode link: https://shows.acast.com/the-investment-perspective-with-ninety-one/episodes/84
Audio file: https://sphinx.acast.com/p/open/s/6704f63a835696b02f258dd3/e/6a0c08e9fd0523152a5bfc97/media.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/the-investment-perspective-with-ninety-one-7065967/episodes/84-beyond-the-index-why-concentration-risk-may-be-active-management-s-biggest-opportunity
Duration seconds: 681

## Resource

Markets are more concentrated than ever, and that changes the equation for investors. Siobhan Simpson uncovers the risks beneath the surface of major indices, from the Magnificent Seven to precious metals dominating the JSE, and explains why these conditions may be creating some of the most compelling opportunities for active management in years . Hosted on Acast. See acast.com/privacy for more information.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-investment-perspective-with-ninety-one-7065967/episodes/84-beyond-the-index-why-concentration-risk-may-be-active-management-s-biggest-opportunity/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/84-beyond-the-index-why-concentration-risk-may-be-active-management-s-biggest-opportunity.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.