[vc_row][vc_column][vc_column_text]By most measures U.S. stocks and global bonds have pushed well into high valuation territory, which has preceded periods of very-low prospective returns in the past. For investors to achieve the same results as they achieved over the past 10 years in the next decade, we will have to experience a third major bubble in a row.
As a result, we believe that investors with material quasi-passive allocations to U.S. equities and global fixed income are going to be disappointed with their returns over the next decade or so. We aren’t alone with this view; there is broad consensus across many credible sources, including AQR, Research Affiliates, and others, that traditional portfolios may produce insufficient returns.
To address these shortcomings, we advocate a portfolio framework that emphasizes global scope while maximizing diversification across asset classes, macro factors and alternative premia. This solution offers a greater likelihood of producing the returns investors need, with less risk than they would be taking with a traditional approach. Resolve Asset Management designed the Adaptive Asset Allocation concept to deliver on this vision.[/vc_column_text][vc_row_inner][vc_column_inner][vc_cta h2=”” h4=”You are previewing this report.” add_button=”right” btn_title=”Download Now” btn_color=”danger” add_icon=”left” i_icon_fontawesome=”fa fa-file-text-o” i_color=”white” i_background_style=”rounded” i_background_color=”blue” btn_link=”url:https%3A%2F%2Fgo.catalystmutuals.com%2Fl%2F497001%2F2020-04-27%2Fq7sdkl%2F497001%2F135725%2FAdaptive_Asset_Allocation___A_different_Way_to_Manage_Futures.pdf_FB.pdf||target:%20_blank|”]Like what you’re reading? Click the link to the right to gain access to the complete white paper.[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]