A portfolio’s cash allocation is dead
Chris Rands | Nikko Asset Management | 03 March 2021
Structural factors are in place which will ensure that the cash rate cannot rise over the medium term. This will result in negligible cash returns over the foreseeable future, with only mild defensive properties. What is the best alternative in the defensive bucket? Going back to the drawing board, a core fixed income exposure consisting of Ausralian government bonds will outperform cash over the long term.
Presentation (36 mins) | Slides
Chris Rands, Portfolio Manager, Nikko Asset Management (Sydney)
Chris joined Nikko Asset Management in 2011 and is responsible for portfo...