Our strategy last quarter to allocate small portion for equity paid off handsomely. Since we first launched our asset allocation model in October 2018, our model portfolio returned by 1.8% while our benchmark, MSCI ACWI, lost 6.0%. This month, the model recommends increasing the defensiveness of the portfolio by allocating 100% to bonds, a safe-havenContinueContinue reading “Putamen Capital: January 2019 Update”
Tag Archives: asset allocation
December 2018: Outlook, Update On Asset Allocation Model and Sector Valuation Overview
Thesis Review, US Treasury and Emerging Markets Prior to discussing our model update and 2019 sector outlook, we want to review our investment thesis from last month (Nov 24th), which has been panning out nicely. In the post we wrote: “In the anticipation of Fed backing-off from rising rates further in 2019, we do believeContinueContinue reading “December 2018: Outlook, Update On Asset Allocation Model and Sector Valuation Overview”
Assessment Of The Current Cycle: Asset Class Selection for Portfolio Construction
Figure 1. World Efficient Frontier (1988 – Nov 1988, except for few asset classes) A teacher of mine once said to me that in order to gain anything in life, investing included, we need to take risk. The amount of risk we are willing and able to face determines the expected gain or progress thatContinueContinue reading “Assessment Of The Current Cycle: Asset Class Selection for Portfolio Construction”
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