In this latest Working Lunch from Professional Adviser, Holly McKenzie, client relationship manager, shared the latest portfolio updates from the Baillie Gifford Managed fund and discussed the enduring power of diversification across asset classes, regions and industries.
During this digital event recorded on 25 June, Baillie Gifford's McKenzie focused her presentation on 'Staying balanced amid volatility: the benefits of diversification in an uncertain world'.
She explained why inflation spikes, policy pivots and geopolitical shocks can push asset classes into sudden synchrony, leaving many 'diversified' portfolios feeling anything but.
In this session, we cut through the noise to examine the enduring power of diversification across asset classes, regions and industries.
We discussed why correlations climb in a crisis and used real examples to show how a long-term perspective, and learning from mistakes, can stop investors abandoning their goals at precisely the wrong time.
In this session we covered:
- Understanding how a broader opportunity set and a disciplined approach to asset allocation can cushion portfolios against volatility
- Learning why time horizons matter when making investment decisions during crises
- Find out where Baillie Gifford are looking for growth (and it is not in the index!)
