Three portfolio construction themes based on what we know:
- The Fed has embarked on a tightening cycle: This favors credit over duration risk and creates value in large cap U.S. equities.
- Market volatility will continue to be friend and foe: Consider participating in volatility in distressed areas such as emerging markets debt, while shielding via private assets.
- Inflation has taken hold: We favor long-term inflation hedges such as equities, real estate and real assets.
We are confident investors can achieve positive results by isolating the clearest, strongest signals and tuning out the noise. We invite you to read our latest outlook to learn more.
