So far, to the end of September 2022, this has been the worse year for a traditional 60/40 (Equity/Bond) portfolio since the Great Depression of the 1930’s. Apollo have been forewarning investors, that the end of the bull run in bonds would leave investors exposed to substantial downside risks. Apollo have always advocated a true multi asset approach which is able to properly diversify across asset classes especially when you have had downside correlation of equities and bonds. We are currently defensively positioned being underweight equities and bonds, and are comfortable with our exposure to lower volatility and lower risk absolute return basket in this current turmoil. Read our latest Investment Spotlight for a review and outlook to understand more about how we have weathered the markets this year so far.
