Investors should reevaluate the role of bonds in a traditional 60/40 balanced portfolio. With today’s very low yields likely to persist, the 60/40 balanced portfolio needs to be “stretched” or redesigned, in order to mitigate the impact of low yields on overall portfolio risk and return. Investors need to make their equity allocation work harder through active management and consider new diversifiers such as long duration bonds or alternatives.

Presentation  (34 mins)  |  Slides

Podcast   (34 mins)