Purposeful Refinement: Positioning Multi-Asset Portfolios for Tomorrow

In 2022, an unconventional problem, COVID-19, led to consequences traditional diversification strategies weren’t equipped to handle. We believe purposeful refinements to traditional approaches may drive future success.

A small purple ball rolls downward on a game spiral.


11 min read



Key takeaways

  • While major asset classes didn’t behave in their traditional fashion during much of 2022, that doesn’t mean they’re always doomed to disappoint.
  • In our view, the traditional approaches just need purposeful refinements: adjustments based on our assessment of how they may perform and correlate differently in the future.
  • We explain our five-dimension approach for positioning multi-asset strategies, which investors may want to consider for their portfolios for the years ahead."