Hedge-Fund Giant Man Group Questions Whether 60/40 Ever Worked
- On risk basis, it’s been mostly 90% equities: van Dooijeweert
- Place to be is multi-asset via commodities, real assets, etc.
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It’s hard for even the most-seasoned veterans to make sense of the market right now, with bonds rallying alongside equities one day, and the next day both falling.
“We’re in a universe of equities and bonds going down together. There’s a lot of instability,” said Peter van Dooijeweert, managing director of multi-asset solutions at Man Group, who joined this week’s “What Goes Up” episode to discuss what he sees as the right assets to be in now. The 60/40 portfolio isn’t exactly “dead,” he says, but “my question is, was it ever really alive?”