The singular use of the traditional 60/40 portfolio as the workhorse of the advice industry has steadily eroded in recent years. The disappointing performance of equity and fixed-income investments over the last year has added to this decline.
The 60/40 portfolio strategy, once a mainstay of experienced investors, fell by 16% last year as traditional diversification benefits broke down, creating a /pervasive sense of caution among investors.
This unprecedented market uncertainty has helped to pave the way for the alternatives revolution.
As we continue to face fraught macroeconomic…