Jorge Groen

Superlatives are raining down on India, which seems to have passed China as the promised country for emerging market investors. “It looks like the stars are really all aligned this time.”

The negative correlation between bonds and stocks is no longer a certainty due to structurally higher inflation expected in the coming decade. It has therefore become an “absolute necessity” to complement the traditional 60/40 portfolio with alternatives, said Vincent Juvyns, global market strategist at JP Morgan Asset Management, during the firm’s presentation of its outlook for the second half of the year.