The ETF Portfolio Strategist: 4 June 2021
- Another week of gains across asset classes and around the world
- Global asset allocation continues to pay off for portfolio strategies
Beta risk keeps on giving: Once again it took real effort to lose money in global diversified portfolios this week. Unless you were concentrated in foreign junk bonds (this week’s only loser for our 16-fund global opportunity set), it was a winning week – again. For details on all the strategy rules and risk metrics, see this summary.