A year in the life of the different asset classes

Asset allocation can mean many different things in the multi-manager world. For the more cautious i...

Asset allocation can mean many different things in the multi-manager world. For the more cautious investor however, a constant blend of bonds, equities and property can be attractive because of the different ways in which each tends to perform at different stages of the economic cycle. With regard to property in the UK, many experts believe the latest bull run is over for residential bricks and mortar. In the commercial property sector some managers are beginning to favour office space over retail exposure as they see higher prospects for rental growth, and any slowdown in consumer spendi...