Global Multi-Asset Market Portfolio

Note: This is part of a series of posts on portfolio construction that I will be publishing in the coming days. The objective of the series is to help readers understand various concepts of portfolio-allocation so that they can construct portfolios to reach their investment objectives. This is still a work-in-progress hence the posts are in no particular order. This…

Unsuspecting Bond Fund Investors Are Set Up for a Shock

Why risk in the rebalanced portfolio is ramping higher? During market pullbacks, financial advisors use a boilerplate response: “Let’s rebalance the portfolio.” Investors have heard that one for years. The recommended allocation varies depending on a client’s age and risk tolerance, but it typically involves shifting funds from stocks to bond holdings. The evidence shows…