Unconstrained investing is essential in an uncertain world

Prashant Chandran | Western Asset Management | 22 August 2018 | 0.25 CE

In a world where risks are more varied and non-quantifiable, unconstrained strategies can be supportive in both maximising portfolio returns and reducing risk, allowing greater bandwidth to deliver returns via a wider range of drivers, regardless of market direction. That said, in detaching from the anchor that is the index, it is easy to loosen the grasp on risk. Therefore, in a...