Deep Dive: Death of 60/40 model is greatly exaggerated

But does need some TLC

James Sullivan, head of partnerships at Tyndall Investment Management, dives into fixed income.

When I started out in this industry in 1999, I recall there was a broad rule of thumb within the investment community that one should hold one's own age in bonds as a percentage of one's portfolio. For example, a 40-year-old would be guided towards a 60% equity, 40% bond portfolio split. At the time I understood the thinking behind this concept, but times change, and the pricing of asset classes certainly changes. All one must do is type '60/40 portfolio' into Google to see what the view is among many commentators on this subject: Time to rethink the classic 60/40 portfolio? (Forbes, ...