Investment News recently asked Dennis Stattman, long-time manager of the BlackRock Global Allocation Fund, about the appeal of global asset allocation funds:
I believe that global flexible investing is what most investors ought to have at the foundation of their portfolios. It’s almost nonsensical to me to think, for most investors, that it would be any other way. Why would an investor not elect to choose from the broadest universe of investment possibilities that she or he could?
Anyone interested in the benefits of global tactical asset allocation, driven by relative strength, really should read Relative Strength and Asset Class Rotation by John Lewis, CMT, republished in February 2011.
I would agree with Dennis Stattman that these types of flexible asset allocation strategies ought to make up the foundation of most investor’s portfolios. From the perspective of seeking to manage volatility and seeking to earn favorable returns in a wide variety of market environments, this flexible global asset allocation mandate just makes sense.
To receive the brochure for our Global Macro strategy, click here. For information about the Arrow DWA Tactical Fund (DWTFX), click here.
Click here and here for disclosures. Past performance is no guarantee of future returns.
