• Weekly Research Briefing: The Handoff

    January 19, 2021

    It would be a tough position to be short the U.S. markets going into this new administration. The Federal Reserve, U.S. Treasury, and now a more unified Congress have the economy’s back. While rotations inside the market may pause the major market indexes as cyclical sectors take the batons from defensive and growth sectors, it is difficult to make a case for a significant correction right now.

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  • Back to the Basics: The Utility of Alternatives

    The Utility of Alternatives

    Despite uncertainty in the market, equities remain strong overall and investors could be forgiven for questioning the role of alternative strategies in their portfolios. But it is exactly at these moments when investors must think anew, giving careful consideration to the characteristics of the various tools that can be employed within a diversified portfolio.

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  • 60/40 Revisited: Risk/Return Assumptions Require Imagination in Today’s Environment

    Traditional expectations of the 60/40 stock and bond portfolio may be due for a rethink. From today’s yield levels, bonds simply can’t contribute to a portfolio the way they historically have. For advisors and other allocators, this could mean shifting assets away from fixed income and into alternatives if they want to preserve the same risk and return profile that the 60/40 portfolio has historically delivered.

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  • The New Core Allocation:
    Long/Short Equity

    Core Allocation Long Short Equity

    With uncertain equity markets, the potential for subdued-to-negative economic growth looming, and a bleak outlook for fixed income, advisors are challenged to rethink foundational portfolio elements of investor portfolios—which means seeking out strategies that bolster the core going forward.

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  • What is a Long/Short Equity Strategy?

    What is a Long/Short Equity Strategy?

    Long/short equity funds make up the largest single-strategy alternative mutual fund category, but their popularity hasn’t always translated into proper placement within a portfolio. The primary benefits of long/short equity funds are often underappreciated, and worse yet, the strategy is often square-pegged into an “alternatives” allocation of a client’s asset mix where it may provide less value.

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