Beyond the 60/40 Portfolio: How Private Markets Are Redefining Modern Diversification
For decades, the 60/40 portfolio was considered the gold standard of diversification. Sixty percent in equities for growth. Forty percent in bonds for stability and income. It was simple, easy to understand, and for a long time, it worked reasonably well. But markets evolve. Interest rates change. Correlations shift. And what worked in one era […]