A 'sleeping giant' of many advisor portfolios may well be duration. That bonds act as ballast to portfolios has been accepted logic for many years.
When the economy weakens, corporate profits fall and therefore equities do too; however, at the other end of investor portfolios bonds strengthen, or so the logic goes, as fixed income streams become more...
Lowest measure since index launched in 1995
Will be 'core to all great portfolios'
Why the traditional approach of combining bonds and equities is not the best way to improve risk-adjusted returns
Partner Insight: The way in which bonds have been so successfully combined with equities in the past 35 years has been contingent on them delivering high returns in periods of equity market stress. Yet in half of the 20-year periods over the past 120...
£34bn of non-sterling assets to be merged
Spent 13 years at Pictet