Instos seen turning cautious as 60/40 model fails
Investors are sticking to defensive strategies ahead of the earnings season to brace for more volatility as the orthodox 60/40 equity and bond ratio fails to offer enough diversification.
The prospect of a painful earnings season and the challenge that the traditional 60/40 equity and bond allocations are offering little diversification benefits have led investors, including insurers, to stick to defensive strategies.
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