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By Jonathan Coleman Co-Chief Investment Officer of Janus Capital
“Cautious investors in need of capital appreciation should refocus on their equity exposure and consider an allocation to durable, long-duration growth companies.”
It’s a simple conundrum: future funding needs are growing, while assets designed to meet those needs have not kept pace. For many investors, this is a significant problem that has only grown more severe as equity market performance has been disappointing in the last decade, generating returns well below the historical average. History shows that asset classes tend to recover following long stretches of weak performance, generating returns closer to (or above) their historical average. Yet instead of increasing exposure to...
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