Part 2 of 2

Old fashioned asset allocation used to be a fairly simple exercise: 60% individual stocks, usually U.S. large-caps and 40% bonds, mostly investment-grade corporates, some Treasury securities for liquidity, and a smattering of municipal bonds for higher tax bracket individuals.   

Today it's a whole different ball game, juggling multiple global asset classes, using complex computer modeling, algorithms, pricing formulas, and intensive analysis.  

This is the realm of Sébastien Page, head of T. Rowe Price’s Global Multi-Asset division where he oversees $350 billion in assets. Last week on WEALTHTRACK we discussed the concepts in his new book, Beyond Diversification: What Every Investor Needs to Know About Asset Allocation.  

This week we will address the current investment environment and how he and his team are positioning clients’ portfolios. What does Page think of these alternative asset classes? We’ll find out. 

WEALTHTRACK Episode #1734 broadcast on February 19, 2021

More info: https://wealthtrack.com/which-investments-are-poised-to-do-well-in-2021-strategy-advice-from-an-asset-allocation-pro/

AGAINST THE GODS: THE REMARKABLE STORY OF RISK: https://amzn.to/3dB4smt

Beyond Diversification: What Every Investor Needs to Know About Asset Allocation: https://amzn.to/3u2Syrg