An interesting conundrum for asset allocators
Need for diverse portfolio return drivers
Ursula Marchioni of BlackRock
Following the Q4 2018 sell-off, when the traditional 60/40 portfolio lost 6.5% in GBP terms, the same allocation is now up 15.2% year-to-date (to end of August 2019).
For portfolio managers, this makes positioning for H2 2019 an interesting conundrum. Whether investor positioning enabled them to miss out or capture the year-to-date rally, the same challenge of protecting...
