Advisers seeking to create a balanced multi-asset portfolio for clients have for many years relied on combining a 60 per cent allocation to equities and 40 per cent to bonds, predicated on the notion that those asset classes move inversely to each other.
But for a variety of reasons, since the global financial crisis, that correlation has broken down, and the relevance of the 60/40 portfolio is being called into question.
This is prompting many advisers to look at alternative assets and question how to get exposure to bond and equity markets, which both look expensive on traditional valuation metrics.
This guide will explore the options for advisers looking at constructing portfolios for a post-pandemic world.
It comes with 60 minutes of CPD