U.S. Financial Advisors Question Traditional Portfolio Construction, Turn Toward Alternatives Even For Mass Market Investors, Finds Natixis Global Asset Management Study
Financial advisors believe traditional diversification and portfolio construction techniques need replacement, and are questioning the relevance of time-honored asset allocation strategies that rely on a 60/40 mix of stocks and bonds and long-term, buy-and-hold approaches, according to a study of 163 U.S.-based advisors released today by Natixis Global Asset Management (NGAM), one of the 15 largest asset managers in the world.