Like diversifying amongst growth assets, diversification of defensive strategies provides more robust portfolio outcomes. Fundlab’s Michael Armitage highlights recent performance in various defensive alternatives.
Given the global outlook is clearly one of a high degree of risk, it is surprising that all forms of risk assets seem to continually defy all the negative outlooks. Traditional asset allocations have been heavily tied to equity market growth and the continual decline in risk free interest rates over the past 30 years….
