Keith Balmer: Getting active for the new year

When it comes to investing, it makes sense to think actively and to build portfolios around long-term principles such as diversification, overlaid with an active approach to asset allocation, stock selection, risk management and other components of the process. The global economic upswing has been long but shallow and inflationary pressures remain subdued. This creates a fertile environment for risk assets. While we expect equities to perform reasonably well, however, with corporate earnings continuing to grow, even against the headwind of rising interest rates, we fear government bonds ...