The negative correlation between equities and bonds, which has served 60/40 portfolios so well for the past decade, is now questionable. The new investment regime, exacerbated by the pandemic, has somewhat diminished the defensive role of bonds. Is there an alternative to bonds, or so-called bond-substitutes?
Global Property Forum
Australian property is not immune to global macroeconomic and secular trends, including the Amazon effect that has almost decimated retail. Like the hermit crab, the search for yield and the need for diversification will inevitably nudge investors to consider opportunities beyond core sectors and local markets.