I was reading the DBS 2Q 2019 Investment Insights recently, and one of the points really caught my eye:
“Barbell – the winning strategy
Build barbell portfolios with exposures at two ends of the risk spectrum. Seek secular growth themes like Digitalisation and Millennial consumption on one end; income-generating assets like REITs and corporate bonds on the other.
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Maintain a barbell strategy
In 1Q19’s CIO Insights “Tug of War”, we advised investors to adopt a barbell strategy in the way a portfolio should be constructed. We reaffirm this approach.
To recollect, a barbell strategy refers to being heavily-weighted at both ends of the risk spectrum. This means overweighting high-growth stocks on one end of
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