Dave Fishwick, Juan Nevado, Steven Andrew and Craig Moran
Despite being in the midst of one of the most challenging economic periods in history we have actually witnessed three exceptional decades for the traditional long-only 60/40 balanced fund.
Equities and bonds have enjoyed stunning bull markets and, over the last 25 years, have provided negative correlation during equity bear markets. The result has been a staggering return for this type of ‘naïve’ strategy: Looking ahead, however, the journey looks a lot tougher and we are looking at the lowest prospective yield on a 60/40 equity/bond portfolio that we have seen in the past 40 years.
That is a sobering thought for future returns and is an environment which will require investors to expect more dynamic and tactical investing in order to be able to deliver returns.
We invite you on 16 July at 09:00 BST to a conversation with Dave Fishwick, Juan Nevado, Steven Andrew and Craig Moran to discuss their outlook for Multi Asset Investing in this challenging environment.
Please note, the value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.