Julian Howard, a strategist at GAM Investments, told CNBC that investors should move beyond the traditional 60/40 equities‑and‑bonds mix when building portfolio protection.
Howard cautioned that relying on long‑dated Treasury securities is no longer a reliable safeguard. “Investors should look beyond the traditional 60/40 equities-and-bonds mix when it comes to building portfolio protection,” he said.
In the interview, Howard mentioned that he favours four alternative approaches, though he did not list them in detail.
The shift reflects growing concerns about bond market volatility and the limited yield offered by long‑dated Treasurys in a low‑interest‑rate environment.
GAM Investments is a global asset‑management firm that provides research and portfolio solutions to institutional and individual investors.
As market conditions evolve, investors may need to reassess their strategies to better manage risk and return.
<small>Source: CNBC — read the original story there.</small>