July 17, 2020 The Ripple Effect: COVID-19 and Multi-Asset Portfolio Construction by Caglasu Altunkopru In addition to its tragic human toll, COVID-19 triggered the sharpest recession in recent history, and efforts to control its spread have transformed the way we work, the way we shop and how we connect with others. We think these changes will last awhile—with implications for asset allocation. Asset Allocation, Coronavirus, Multi-Asset Likes 0 SHARE Bookmarks
May 29, 2020 Don’t Fear Government Bonds in Multi-Asset Portfolios by Sharat Kotikalpudi Today’s bond yields are extremely low, and some multi-asset investors may be struggling to rationalize exposure to interest-rate driven assets such as government bonds. But past experience suggests that they can still be effective diversifiers over the near term, even at low yield levels. Low-Yield Environment, Multi-Asset Likes 0 SHARE Bookmarks
May 07, 2020 Systematic Target-Date Rebalancing: Taking Emotion out of the Equation by Christopher Nikolich, Elena Wang The turmoil in the first quarter of 2020 reinforced the importance of rebalancing in target-date design. As we see it, a finely tuned, systematic approach can help keep emotions in check and risk under control—benefits that translate to many types of multi-asset solutions. Asset Allocation, Multi-Asset, Plan Design, Target-Date Solutions, Volatility Likes 0 SHARE Bookmarks
April 06, 2020 Don’t Panic! Bear Market Communication Tips for DC Plan Sponsors by Jennifer DeLong The bear market is challenging defined contribution (DC) plan sponsors to reinforce timeless investing principles while also conveying new rules that bring relief to participants. Good communication practices are a key ingredient to achieving success in both these areas. Coronavirus, Multi-Asset, Plan Design, Target-Date Solutions, Volatility Likes 0 SHARE Bookmarks
March 31, 2020 Big Market Selloff? Stay Dynamic With Risk Positioning by Sharat Kotikalpudi As risk assets tumbled in late February and March, it intensified the focus on risk management: How can multi-asset strategies defend against turbulence while positioning for an eventual rebound? The answer: Be ready to adapt—and to do it quickly. Asset Allocation, Coronavirus, Multi-Asset, Volatility Likes 0 SHARE Bookmarks
January 20, 2020 Five Multi-Asset Strategies for 2020’s Challenges by Daniel J. Loewy, Karen Watkin The last decade produced great performance across most asset classes. But in the 2020s, we expect investment market returns will be lower and risk harder to manage. Looking forward, a disciplined multi-asset approach will be especially valuable to identify opportunities and help mitigate setbacks. Asset Allocation, Low-Yield Environment, Multi-Asset Likes 0 SHARE Bookmarks
October 21, 2019 Investors Need Income, Not Excess Risk by Morgan Harting With government bonds providing too little income, investors need to diversify credit exposures and include other credit-like investments to achieve their income needs...but without reaching for yield or taking excess risk. Multi-asset portfolios can help. Late-Cycle Investing, Multi-Asset Likes 0 SHARE Bookmarks
October 16, 2019 Five Lessons Packaged Target-Date Solutions Can Learn from Customization by Jennifer DeLong, Andrew Stumacher As defined contribution (DC) plan sponsors know, the US Department of Labor recommends considering both packaged and custom target-date strategies when choosing a solution. As we see it, packaged solutions can learn a few things from fully customized target-date solutions, which are generally used by large and megasize plan sponsors. Asset Allocation, Multi-Asset, Target-Date Solutions Likes 0 SHARE Bookmarks
September 17, 2019 To Hedge or Not to Hedge? With Currency, It’s a Vital Question by Leon Zhu, Aditya Monappa With global markets growing more volatile, we’re often asked what we think are the most underappreciated risks that investors face today. One in particular stands out: currency risk—especially for non-US dollar–based investors. Currency, Multi-Asset Likes 0 SHARE Bookmarks
September 04, 2019 Does Your Target-Date Glide Path Suit Your Workforce? by Jennifer DeLong, Andrew Stumacher Plan sponsors evaluating packaged and custom target-date solutions should take a close look at the demographics of their plan participants and how they stack up against those of a “typical” plan. It’s critical information when making a glide-path decision. Multi-Asset, Target-Date Solutions Likes 0 SHARE Bookmarks
August 22, 2019 The Investor’s Survival Guide to a Long Life by Kent Hargis, Sammy Suzuki, Aditya Monappa Rejoice—people around the world are living longer! But pause the festivities—that means they need more retirement money. To ensure they don’t run out of cash, savers need to adjust their investment strategies as their needs change, both before and after retiring. Asset Allocation, Equities, Multi-Asset, Volatility Likes 0 SHARE Bookmarks
July 23, 2019 US Corporate Cash Is Down: Should Investors Worry? by Sharat Kotikalpudi, Caglasu Altunkopru The recent decline in US corporate cash hasn’t raised a lot of eyebrows, but it has caused one of our equity-quality indicators to flash a warning. Since equity quality is one of the signals with a strong track record of predicting market sell-offs, should investors be worried? Equities, Multi-Asset Likes 0 SHARE Bookmarks
July 08, 2019 Custom or Packaged? The Target-Date Choice Revisited by Jennifer DeLong, Andrew Stumacher Many plan sponsors wrestle with the decision of choosing—or changing—a target-date solution. Is a packaged product appropriate for plan participants, or are there advantages to using a custom solution? Or is there perhaps another choice? Multi-Asset, Target-Date Solutions Likes 0 SHARE Bookmarks