Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
GMO cautions that the default 60/40 portfolio is primed for disappointing returns due to stretched U.S. growth valuations, but sees the most attractive relative asset allocation opportunity in 35 years by dynamically rotating into deep value, international, and Japanese small-cap equities.
Full Quick Take
GMO cautions that the default 60/40 portfolio is primed for disappointing returns due to stretched U.S. growth valuations, but sees the most attractive relative asset allocation opportunity in 35 years by dynamically rotating into deep value, international, and Japanese small-cap equities.
