Diversification Still Key Despite Tear for Large-Caps
Experts say traditional portfolio diversification continues to be relevant in today's markets.
This analyst blog is part of our coverage of the 2018 Morningstar Investment Conference.
U.S. large-cap stocks have been on a multiyear performance tear, and investors in everything from international equities to alternatives wonder whether they would be better off with a single asset class. Such a strategy would be unwise, according to panelists Bob Boyda of John Hancock Asset Management, Anne Lester of JP Morgan Asset Management, and Brad Vogt of Capital Group.