A selection of noteworthy things that I’ve read in the past week, for your reading pleasure.

Death of the 60/40 balanced portfolio
#IndexInvesting

How things have changed in the past two years. Not that long ago, back in March 2021, The Straits Times headline said the following – “Death of 60/40 portfolio makes returns tougher for wealth funds“. In the article, Lim Chow Kiat, chief executive officer of GIC said – Thanks to the declining returns of bonds, the model 60/40 portfolio may eke out real returns - after inflation - of just 1 per cent - 2 per cent a year over the next decade. That compares with gains of 6 per cent - 8 per cent over the past 30 to 40 years. Fast-forward to last week, this article on The Business Times caught my eye : “Is the 60/40 balanced portfolio dead? Not quite“. But calling the death...