Global 60/40 Versus Domestic 60/40 Portfolio by Wesley R. Gray, Ph.D., Alpha Architect, Author of Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors.
The Harvard Management Company report was recently released here. h.t. Tom for pointing out.
The biggest surprise was the spread in returns between the global 60/40 portfolio and the domestic 60/40 portfolio:
Welcome to our latest issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Point72 Asset Management losing about 10% in January, Millennium Management on a hiring spree, and hedge fund industry's assets under management swell to nearly Read More
An 8.5% spread is quite large…