Carl Ludwigson

Director of Manager Research at Bel Air Investment Advisors
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Carl is a Managing Director responsible for portfolio construction and client service for high-net-worth families, foundations and endowments. He joined Bel Air in 2012 and has served as Investment Committee Chairman since 2014. Carl spent a decade sourcing investment solutions for the Bel Air platform across all asset classes including equities, credit and alternatives. He is dedicated to creating bespoke portfolios for clients taking into account investment objectives, risk management and estate planning.

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  • I think the known/unknown that the market has not focused on yet is what the Fed does with their balance sheet after tapering asset purchases to zero in 2022. It is unclear if the Fed will maintain its balance sheet or allow it to roll off as bonds mature.