Pictet: Positive Equity-Bond Correlations «Will Not Be Repeated»
Expect a comeback of 60/40 portfolios, said Pictet Wealth Management’s Asia chief investment officer Hugues Rialan, proclaiming that the positive correlation between stocks and bonds in 2023 «will not be repeated». Many balanced portfolios have traditionally adopted a «60/40» asset allocation strategy – 60 percent and 40 percent allocated to…
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