It may be a stretch to proclaim the death of diversification after an extended period of elevated cross-asset correlations although, suggests Anthony Rayner, its potency has been much reduced by central bank action
Is diversification dead? It is a fair question - after all, 2018 saw the vast majority of assets fall and, so far, 2019 has seen the vast majority of assets rise. To put some colour on this, Deutsche Bank...
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