portfolio construction

Over the long run, value portfolios beat growth portfolios at their own game.

This portfolio approach is underpinned by a couple of key ideas which, though partially flawed, hold important implications for its value to investors in 2023 and...

In a sea of mediocre investment opportunities, those managers that concentrate portfolios in exceptional companies outperform.

The lowering of interest rates to historical lows has driven investors to consider higher-yielding credit strategies simply to earn an ‘acceptable’ headline return. ...

If you've been noticing a little less cash in your wallet recently, it's very likely that inflation is to blame. For the 12 months until the end of September, the...

With yields rising sharply, bonds are beginning to look interesting again. This has led investors to suggest that fixed income will reclaim its status as a worthy...

Stock picking is a fine art. Before you invest in a particular company, chances are you have done a healthy amount of research into it. From the macro factors that...

Do bonds hedge equity returns? The answer is essential for portfolio constructors. Bonds haven’t done so recently and may remain less useful, in that regard, than...

Managing risk and protecting against the downside is just as important as our search for alpha... But that's easier said than done (as we have truly seen this...

The recent selloff in credit premiums has resulted in many investors experiencing a negative return on exposures within their portfolios. This highlights the...

Share prices suddenly plummet. Interest rates are rising. Housing prices falling. Commodity prices at peaks. The headlines are painting a volatile picture of markets...

Indulge us in a hypothetical: You’re uncertain of equities and fearful of recent volatility, but your portfolio is chock full of bonds to the limit of your asset...

As inflation has begun to tick up in recent months, prompting a shift in central bank policies around the developed world, the yields on fixed-income assets have...

Between the introduction of modern portfolio construction methods and until very recently, bonds played a key role in most investors’ multi-asset portfolios. In the...

In Livewire's recent reader survey, investors told us that inflation was their number one concern for markets in 2022. After all, ABS research shows that easing...

On 24 January, we recommended trimming some equity risk in portfolios. While we believe the economic outlook remains very positive, events over our summer, including...

Equities may just lose their shine in the second half of 2022, pens Crestone's Scott Haslem, who in this wire shares the key tactical asset allocation changes the...

Across much of the world, lowered mobility restrictions, large consumer savings balances and central bank policies that remain "easy" suggest growth in 2022 will...

While the 60/40 portfolio may be dead, the jury is still out on just what your fixed-income exposure should be. Lazard’s multi-asset maestro, Ronald Temple, however,...

The pandemic has had an extreme impact on economies and markets, yet there is an even stronger force that few are comfortable acknowledging. It has helped mitigate the...