Applying Newton’s First Law to Your Portfolio’s Advantage

One clear message from our 2011 Capital Market Forecasts, is that it’s going to be difficult to achieve annualized real rates of return in excess of 4% from a well diversified portfolio of traditional asset classes from today’s starting point. In other words, investors need to do more than simply buying and holding a traditional mix of stocks and bonds to bridge the gap between what is possible and what is required.

What is Global Quality Equity?

As the name implies, these are investments in global companies that demonstrate certain characteristics of quality. But what exactly is “quality?” And how is this different, or similar to, more traditional terms such as “growth” and “value” stocks?