Traditional 60/40 strategy may start to work again for investors, but ‘tightening cycles can be scary,’ Goldman exec says
November 15, 2022 at 10:47 AM EST
The traditional allocation of 60% stocks and 40% bonds may start to work again, after such portfolios were badly hurt this year, according to Ashish Shah, chief investment officer of public investments at Goldman Sachs Group’s asset management business.