Today we speak to Portfolio Manager Paul Ma who shares his insights and strategies on how investors could potentially construct their portfolios heading into 2023. Paul explains how investors can deal with volatility. He says the answer is rebalancing – specifically selling the winners and buying the losers. People believe the market is going to be volatile, so rebalancing will help mitigate that. He adds annual rebalancing outperformed the buy and hold strategy by 35 basis points per year over the last 20 years. Paul adds that commodities and alternatives could help in a high inflation environment and diversify your portfolio. Paul also touches upon what’s happening in China, some of the short and long-term scenarios as it deals with its zero-COVID policy and how demographics affect China’s economy.

Recorded on December 6, 2022.

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