The 60/40 Asset Allocation Has Two Problems – The “60” and the “40”
Market sentiment towards the Chinese currency has shifted significantly
Measuring book yield correctly
The performance of the US dollar significantly diverged from relative rate spreads.
Investors are beginning to gravitate to global real assets—real estate, infrastructure, transport and natural resources
Many participants may be pleased with year-to-date results from their retirement plan statements, but the outlook for market returns over the next 10 to 15 years remains less than inspiring, according to J.P. Morgan’s 2018 Long-Term Capital Market
Dr. David Kelly discusses the economic impact of the ECB’s decision to use NIRP to boost the European economy.
Implications for passive bond allocations
Using model portfolio analytics, this paper considers the right size, and the role an enhanced allocation to real assets can play in portfolios during various stages of the pension life cycle.