Interesting that so few money managers have come even close to match such a performance. Does it have anything to do with the cycles, the clients-behaviour, poor market timing instead of regular re-balancing, too many shifts in strategy at the worst of times?
On the other hand, maybe we are the new shoe-shine boys; has the time finally come for this strategy to stop working, through a poor performance of bonds and/or equity over multiple decades? Time will tell.
25% MSCI World
75% Citigroup WGBI (World Government Bond Index)
50% MSCI World
50% Citigroup WGBI
75% MSCI World
25% Citigroup WGBI
25% MSCI World
75% Citigroup WGBI (World Government Bond Index)
50% MSCI World
50% Citigroup WGBI
75% MSCI World
25% Citigroup WGBI