#Latest news with #privatebankersBloomberg4 days agoBusinessBloombergAsia Private Bankers Call for Rethink of 60/40 Portfolio SplitPrivate market instruments, gold and Chinese yuan are looking increasingly appealing as alternative investments to private bankers in Asia as they push beyond traditional stock and bond allocations. Bankers are calling for investors to rethink the 60/40 portfolio — an investment strategy of allocating to equities and bonds — amid heightened market volatility fueled by US policy whiplash and de-dollarization concerns. The approach has lost some of its luster as its underlying mechanism fell out of whack for extended periods in recent times, with US stocks and bonds moving more in lockstep rather than offsetting each other.
Bloomberg4 days agoBusinessBloombergAsia Private Bankers Call for Rethink of 60/40 Portfolio SplitPrivate market instruments, gold and Chinese yuan are looking increasingly appealing as alternative investments to private bankers in Asia as they push beyond traditional stock and bond allocations. Bankers are calling for investors to rethink the 60/40 portfolio — an investment strategy of allocating to equities and bonds — amid heightened market volatility fueled by US policy whiplash and de-dollarization concerns. The approach has lost some of its luster as its underlying mechanism fell out of whack for extended periods in recent times, with US stocks and bonds moving more in lockstep rather than offsetting each other.