The rise of private markets and increasing intra- and inter-fund correlation among asset classes should prompt financial advisers to rethink the traditional 60-40 portfolio.

This is according to CI Global Asset Management head of fixed income and private markets lead Geof Marshall, who says that intra- and inter-fund correlations are making diversification not only more difficult, but makes the 60-40 portfolio construction model “unreliable.”

Read the Financial Standard article

Geof Marshall

Geof Marshall leads the Fixed Income Team at CI Global Asset Management, is Lead Manager on the CI High Income strategy and Co-Manager on CI Corporate Bond and CI Global Income & Growth Fund. He has more than 20 years’ experience adjacent to the private markets, analyzing and managing corporate bonds, including private equity take-private financings, leverage loans and private credit.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.