Money Manager Treads Carefully Amid Market Volatility

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FINANCE News

INVESTMENT STRATEGY,MARKET VOLATILITY,BALANCED PORTFOLIO

North American markets have been performing well recently, yet Wes Ashton, a money manager at Harbourfront Wealth Management Inc., maintains a balanced portfolio to ensure strong risk-adjusted returns in anticipation of potential market corrections.

North American markets have been on a tear in recent months, but money manager Wes Ashton is still playing it relatively safe for if, and when, there’s a pullback.

Mr. Ashton’s balanced portfolio is built using about 60 to 70 per cent equities, depending on a client’s risk tolerance, with the remainder in fixed income and alternative assets that include private real estate and private debt.

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