Rob Perrone, Investment Counsellor

Escape from the 60/40

In past decades, the classic portfolio of 60% stocks and 40% bonds enjoyed a golden age of good performance. Now, however, its return prospects look grim, its risks heightened. Escaping those risks will require a very different approach in the decades ahead.

Starting by understanding how the 60/40 did so well, we look at the challenges facing the classic portfolio, as well as the other traditional choices for allocators. But while markets may appear unattractive in aggregate, there are plenty of attractive opportunities available within markets. With the right tools, active investors can escape the 60/40 and pursue a more attractive balance of risk and return.

Lucy Haddow, Product Specialist

Growth? Value? Neither.

Often characterised as simply Tech and Tesla, Baillie Gifford’s Lucy Haddow will dispel that notion and explain how Baillie Gifford’s Managed Fund team think about investing for the decade ahead. She will cover why the idea of growth versus value isn’t a sensible starting point, particularly when considering ESG; how the team go about finding the next great growth businesses; and, ultimately, why very few stocks actually matter for generating good long-term returns.