Is “30/30/40” the new “60/40”?

Is “30/30/40” the new “60/40”?

In an article titled, “In Alts We Trust” a recent issue of Investment News discusses how managers that are advocating 60/40 portfolios be replaced by a 30/30/40 portfolio.  The premise?  That high equity valuations and that low bond yields cannot provide the returns or downside protection that they afforded previously.  The proliferation of liquid alts funds, which can offer good alternatives managers with reasonable fees, offer investors opportunities previously unavailable.  For retirement plans, ETF-MS Endowment Multi-Asset Collective Investment Fund has been designed for these very reasons.