Valuation mistakes will prove very costly in a post QE world

Philipp Hofflin | Lazard Asset Management | 23 August 2018 | 0.25 CE

Future proofing portfolios is a difficult task - partly due to today’s demanding valuations and partly because the future is intrinsically unknowable. Yet as valuations become stretched across the spectrum of asset classes, the efficacy of monetary policy diminishes and a record number of Australians are nearing or entering retirement, the stakes have risen. Investors need to search as ...