Avoid over-concentration in portfolios warns Cor Capital
This resulted in a portfolio with equal 25% exposure to equities, fixed income, precious metals and cash. It then also added active management strategies to harness market volatility for an alternative source of return. The precious metals exposure acted as a counter-point for equity risk for rebalancing while the allocation to fixed income and cash meant the portfolio was prepared for recession and deflation. Davin Hood, founder and portfolio manager at Cor Capital, said: “In hindsight, concentrated risk in equity markets for this past year would have made any portfolio manager look ...
Source: moneymanagement.com.au