All Weather Strategy

All Weather Strategy: The All Weather Strategy slightly underperformed a traditional 60/40 portfolio in June 2021. Western economies continue to reopen, and we tilt our 65% target equity allocation to US and Developed Europe. Expect strong commodities demand from Western and Chinese recovery; target allocation at 25%.

All Weather Strategy: The All Weather Strategy came in slightly below the traditional 60/40 portfolio in the past three months. Stimulus and vaccine news to drive the US and Developed Europe equity, together with China, the recovery should drive commodities. We switch into Developed markets equity but stay with our target weights for the various asset classes.

All Weather Strategy: The All Weather Strategy underperformed World equity slightly in April. Rising COVID-19 cases and slower vaccine rollout could delay recovery in Asia and Emerging markets. Our equity target allocation is at 65% and commodities at 25%.

All Weather Strategy: The All Weather Strategy underperformed World equity in March as Asia Pacific ex Japan, Emerging markets, and commodities weakened due to a stronger US dollar. Western markets could remain strong on stimulus plans, and China drives the East. Our equity target allocation is at 65% and commodities at 25%.

All Weather Strategy: The All Weather Strategy outperformed significantly in the past three months. Stimulus and vaccine news drive inflation expectations. We increase our commodities allocation to 25% and continue to overweight Asia Pacific ex Japan and Emerging markets.

All Weather Strategy: The All Weather Strategy outperformed World equity in January as Asia Pacific ex Japan and Emerging markets continued strongly. Western markets await new catalysts, and China drives the East. Our equity target allocation is at the strategy maximum of 85%.

All Weather Strategy: Andrew was live with FINNOMENA and covered the All Weather Strategy’s methodology and objective, and 2020 performance. He also talked about protecting against US market risk and US dollar downside, and our outlook for 2021 with increased exposure to the Asian growth engine.

All Weather Strategy: The All Weather Strategy performed in line with World equity in December. Vaccine news, stimulus, and stimulus expectations can drive stock markets further. Currently, our equity target allocation is at the strategy max of 85%.