Investors who took a simple portfolio split between bonds and equities in 2019 have enjoyed the best returns in more than a quarter of a century, according to Pictet Asset Management.
Luca Paolini, chief strategist at Pictet Asset Management, told CNBC's Squawkbox Europe Friday that a simple 50/50 equity-bond portfolio has done remarkably well in 2019. Paolini said a year ago all the talk was that a global recession, low business confidence and trade war negativity would press up against a Federal Reserve that needed to take the heat out of a peaking U.S. economy.
Renaissance opens medallion fund to new members?
first
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: