Rationale for a well-diversified portfolio has never been clearer
A new environment for the sector
Fee earning AUM jumped 32%
New environment raises bar to invest
Investors have encountered experienced several periods of severe market turbulence since the global financial crisis – most notably the European sovereign wealth crisis, the ‘taper tantrum’, and the initial stages of the Covid-19 pandemic.
Magellan AP Distribution Barometer
Would be interchangeable with cash