Click to login and read the full article.
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600
Practical Applications Summary
In Should the Interest Rate Level Influence Asset Allocation?, published in the Summer 2018 issue of the Journal of Investing, authors Gerald Garvey of BlackRock and Konark Saxena of University of New South Wales demonstrate that interest rate levels are a relevant consideration from an asset allocation perspective. Excess returns on stocks versus the risk-free rate are higher in a low-rate environment, even as the level of risk for investing in equities during such a period is actually lower.
TOPICS: Legal/regulatory/public policy, portfolio construction
- The content is made available for your general information and use and is not intended for trading or other specific investment advice purposes or to address your particular requirements. We do not represent or endorse the accuracy or reliability of any advice, opinion, statement, or other information provided any user of this publication. Reliance upon any opinion, advice, statement, or other information shall also be at your own risk. Independent advice should be obtained before making any such decision. Any arrangements made between you and any third party named in this publication are at your sole risk.
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600