A model portfolio composed of 60% U.S. stocks and 40% bonds has climbed 13% year-to-date, in line with the S&P 500 Total Return Index and bigger than the 3.5% gain in the HFRX Global Hedge Fund Index.
The central bank’s corporate-bond facilities may expire on Dec. 31, but their legacy will inform investor behavior for years to come.
Pershing will be offering the new UMA through its Lockwood Advisors affiliate.
A virtual event last week brought together ultra-high-net-worth individuals, family office staff/members and investors to discuss commercial real estate trends.
The past three years have not been kind to funds focused on the oil and energy sectors.
Dimensional Funds released two actively-managed products, one focused on U.S. equities and the other on international stocks.
