Portfolios constructed using a top-down strategy can respond to macro-evel events, such as interest rate changes
Clients often flee when markets dip. But keeping them invested can be key to their future returns
Survey shows a significant amount of investors don’t know what they own
Real estate allocations edge lower
Non-traditional asset classes add an additional layer of diversification and increase “growth exposure”
Where assets are held also is important
The advisor's role is to balance risks in prudent and intelligent ways to help clients avoid outliving their savings
A properly diversified portfolio includes cash, fixed-income, equity and real assets
Focus on asset allocation is probably misplaced
Increased fixed income exposure allows for greater flexibility