The multi-strategy advantage: is your 60/40 portfolio still working?

In an era of unprecedented market volatility, persistent inflation, and rising interest rates, the foundational principle of the traditional 60/40 portfolio is failing. The decades-old promise of diversification is eroding as the correlation between stocks and bonds shifts. When one asset class falls, the other is no longer providing the necessary counter-balance, leaving traditional portfolios exposed to concentrated risk. This is a fundamental shift in the investment landscape.

This white paper examines how the multi-strategy approach may offer a more resilient return profile that is less correlated with public markets by allocating capital across a broad spectrum of alternative investments—including liquid alternatives, private equity, real estate, and commodities.