It is a tried and tested strategy designed to offer growth in good times and protection in bad.
Yet holding 60% of your assets in equities and the rest in debt didn’t perform as expected last year. Rising interest rates and inflation volatility were to blame, casting a shadow over the effectiveness of the approach.
But some point to the performance so far this year as reason for optimism that 2022 was a blip for the strategy. Our cover story in May looks at if there is still life in the 60/40 model.
Also in this edition, portfolio institutional was invited to the House of Commons to discuss the pensions minister’s plans for the industry. Read what she had to say from page 12.
We also look at the impact two pieces of regulation could have on defined benefit schemes, what is needed to avoid another health crisis, the future of local government scheme pooling and how to improve diversity in the financial services industry.
portfolio institutional’s roundtable this month saw pension schemes sit down with asset managers and a consultant to discuss investing in emerging market assets.
