The more than decade-long low-interest environment in the wake of the 2008 global financial crisis has upended the 60:40 portfolio as investors seek yield-delivering substitutes from the traditional fixed-income portion of the balanced investments model. The portfolio of dividend-paying stocks and coupon-yielding bonds did well through the 80s and 90s but has since been questioned for its relevance in today’s…
It may be time to rethink the 60:40 portfolio model, not shun fixed-income entirely: PIMCO, J.P. Morgan Private Bank, Credit Suisse
