One of our fundamental responsibilities as an investment manager is to build sound investment portfolios. The objective of our portfolios is to meet the fundamental return needs of our clients while taking an acceptable level of risk. Inevitably, this requires that we take a long term perspective on the returns that are available from the portfolios we build as well as the risks assumed.
While predicting short term returns with accuracy is practically impossible, projecting long term returns is merely fraught with uncertainty. We are updating of our white paper entitled, Projecting Long Term Portfolio Returns. This paper describes our approach while trying not to get too far in the details of the inner-workings of our model.
Click here to download the full white paper.
