The Allocator's Dilemma
Investors are currently facing inverse conditions across all dimensions—in starting valuations, company fundamentals and interest rates—all important inputs that we believe will drive future returns.
Confronting the Risk of Future Portfolio Growth Scarcity
Investors are continually reminded of many risks that should be on their on radar: tepid global economic growth, unprecedented central bank intervention, domestic political and policy uncertainty, and rising geopolitical tensions—to name a few.
Any investment involves risk, including loss of principal.