Market Volatility Continues; Vanguard Portfolio Manager Discusses 60/40 Strategy
1 report, 1 independent
Updated Sep 23
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What happened
The stock market is experiencing volatility, with the S&P 500 dropping 0.7% on Wednesday. Simultaneously, the 10-year Treasury yield surpassed 5.1%, marking its highest level since 2007. Brad Collins, a senior fixed income client portfolio manager at Vanguard, commented that the 60/40 balanced portfolio maintains restorative power from bond yields.
From cnbc.com
Why it matters
The decline in balanced portfolios, such as the iShares Core 60/40 Balanced Allocation ETF (AOR), reflects ongoing market uncertainty where both equities and bonds are seeing declines. This turbulence follows periods like 2022, when the AOR ETF tumbled about 17% alone.
From cnbc.com
Who's involved
- Brad CollinsSenior fixed income client portfolio manager at Vanguard
- VanguardFirm where Brad Collins serves as a senior portfolio manager
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The entities involved
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Vanguard
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