Introduction
In our study of advisors' fixed income portfolios, From Wallflower to Center Stage: The State of Modern Fixed Income Portfolios, we focused on the fact that the average advisor (in our database of over 5,000 advisor models) has diversified nearly half of his or her fixed income portfolio outside of the core:
- When Fixed Income Diversification Becomes 'Diworsification', Janus Henderson Investors
I am watching the 2010 documentary, Inside Job, about the 2008 financial crisis for the second time. It is a disturbing reminder of how risks in investments can be underestimated,