Returns – Global Equities vs. Global Bonds vs. Gold vs. World Portfolio Since 1950, the world portfolio has earned a real 4.1% annual return — global equities led with 7.3%, gold lagged at 2.5%, and global bonds barely reached 1.8%. The long-run verdict is clear: equities have won. Image: Goldman Sachs Global Investment Research
World Portfolio The world’s portfolio remains tilted toward the U.S.—in both stocks and bonds. Gold holds a modest 6%, while crypto barely cracks 1%. Image: Goldman Sachs Global Investment Research
Bloomberg’s Global 60/40 Equity/Fixed Income Portfolio Reaching a new all-time high, the global 60/40 portfolio has demonstrated renewed strength and remains a cornerstone strategy for long-term investors who prioritize diversification, balance, and moderate risk tolerance. Image: Deutsche Bank
S&P 500 vs. 60/40 Portfolio Since 2020, the S&P 500 has delivered higher returns than the 60/40 portfolio but with greater volatility, while the 60/40 portfolio has provided more stability at the cost of lower overall gains. Image: Bloomberg
Risk Parity Model Portfolio Weights In risk-parity strategies, the current equity allocation is at the 8th percentile—well below the median—reflecting a preference for safer assets despite the ongoing equity rally. Image: Deutsche Bank Asset Allocation
U.S. Equities – Foreign Investors’ Net Portfolio Equity Flows Foreign investors’ recent behavior in U.S. equities—marked by limited activity and stable portfolio allocations—suggests a long-term bullish outlook on the resilience of the U.S. market. Image: Deutsche Bank
Real Total Return Performance of U.S. 60/40 Portfolio The term “lost decade” for the traditional 60/40 portfolio holds historical significance, especially during the period from 2000 to 2009, when investors faced a real loss. Image: Goldman Sachs Global Investment Research
Are You More Likely to Increase or Decrease Bond Portfolio Duration Over the Coming Days/Weeks? JPM reports that only 29% of their clients are considering reducing the duration of their bond portfolios, indicating a strong tendency towards potentially increasing or maintaining the duration. Image: J.P. Morgan
Return – Aggresive vs. Conservative Portfolios Aggressive portfolios have historically demonstrated a greater ability to preserve capital compared to conservative portfolios. Image: BofA Research Investment Committee
Annual Returns for 25/25/25/25 Portfolio The 25/25/25/25 portfolio is performing well year-to-date. Image: BofA Global Investment Strategy
Returns for 60/40 Portfolio So far, the traditional 60% stocks and 40% bonds portfolio is performing well year-to-date. Image: BofA Global Investment Strategy