The April 2015 MLC Scenario Insights & Portfolio Positioning report states:
“Describing what is – and what has been – is, by itself, a far cry from generating true investment insight. True insight requires much more.
…During the March quarter, it wasn’t so much volatility within any particular market that gave us fodder to write about; but changes across several fundamental aspects that defined the early months of 2015.”
At Godfrey Pembroke we put investors at the centre of our thinking and focus on what really makes an impact on investor outcomes – asset allocation. With this in mind, we concentrate on finding the right allocations between asset classes and sub-asset classes and design portfolios which help investors achieve their financial goals.
Each quarter, this Scenario Insights document explains MLC’s view on the market environment, scenarios that may play out and the drivers for the positioning of our clients’ diversified portfolios. This quarter, we have additionally included a Summary for Clients for both Horizon and Inflation Plus portfolios.
You can read the full MLC’s scenario insights & portfolio positioning – April 2015 here. This document is a detailed report intended for Advisers. It includes a number of useful visuals and charts for a comprehensive understanding.
You can read the Summary for Clients – Horizon here. This is a more concise and digestible report providing insights on the last quarter.
The Summary for Clients – Inflation Plus is available here. It is analogous to the Horizon summary, tailored for this portfolio.