Over the past 15 years, we’ve been living through one of the best periods ever for traditional portfolios, and equities in particular. And now, many portfolios have become more concentrated in the assets that have outperformed over the past 15 years – like US equities.
But the past is the past, and investors are faced with an increasingly fragmented world with a high level of policy uncertainty – creating forward-looking challenges for many investors as current US asset exceptionalism requires global cooperation and unconstrained policy makers. Both factors that are at risk.
This session will discuss how we got here, the current state of economic realities, the vulnerabilities facing assets and what investors can do about it to help build more resilient portfolios.
Learning objectives:
1: Impacts of current fiscal policy on asset allocation
2: A process on how to view US asset exceptionalism and if it can continue
3: A framework for how to view asset allocation in a period of elevated uncertainty following a period exceptional returns
4: Resilient portfolio construction ideas
Meet Matthew Bartolini, CFA
Matthew is a Managing Director at State Street Global Advisors and Head of SPDR® Americas Research. He manages a team responsible for the product research and analysis of SPDR ETFs, and the development of market outlooks, investment themes, and portfolio implementation ideas to help clients understand the market landscape and achieve their desired investment outcomes.
Matthew graduated from Northeastern University with a BS in Economics and earned his MBA at Northeastern with concentrations in Investment Analytics and Corporate Finance. He has earned the Chartered Financial Analysts designation and is a member of the CFA Institute and the Boston Security Analysts Society. He also holds the FINRA Series 7, 24, 63 licenses.
