Dallas, TX (PRWEB) October 01, 2013
Richard Fonash of Aberdeen Asset Management Inc. headlined the Ivy Family Office Network Dallas Forum with a discussion on Portfolio Allocations. The Forum was held on September 17th, 2013 in Dallas, TX.
According to Mr. Fonash, This is a challenging time for portfolio allocators, as we begin the transition away from asset markets driven heavily by central bank policy-making to markets that are more driven by underlying economic fundamentals. While growth momentum in the U.S. remains generally positive, the near to medium term contains numerous potential headwinds around Federal Reserve policy and leadership succession, the U.S. fiscal situation and rapidly evolving geopolitical concerns.
He continued, With so much uncertainty across financial markets, we believe it continues to be prudent to pursue a globally diversified, multi-asset approach to portfolio allocations. From a multi-asset point of view, diversification can be achieved with a portfolio mix of diversified equity exposures, selected fixed income segments, real assets and liquid alternatives. We believe it is important that investors operate with as broadly diversified an investing canvas as possible when assembling and allocating within their portfolios.
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Richard Fonash is a Senior Investment Manager at Aberdeen Asset Management Inc. and is a member of the firms Aberdeen Solutions team. Aberdeen Solutions aims to solve investment problems by combining the global resources of the Aberdeen group within customized portfolios. These portfolios seek to meet investment objectives whether expressed as relative return, absolute return, real return, targeted volatility or liability driven. Depending upon the requirement, we blend in-house capabilities, third party managers and passive exposures where appropriate. In this role, he is responsible for both asset allocation and manager selection, with a focus on multi-asset class investing that integrates non-traditional and alternative investments into allocation models. Richard co-manages Aberdeens US-based multi-asset allocation strategies as well as a diversified mutual fund of alternative investments. He graduated with a BS in finance from Villanova University and MBA in finance from the Simon School at the University of Rochester and is a CFA
