Research out from BCA|Edge points to a portfolio allocation strategy that in some cases ignores the sprinkling of economic wisdom recently dispensed by well-known hedge fund and asset managers. In a monthly portfolio strategy out July 29, BCA reveals that it likes equity investing in Japan and prefers high yield and investment grade debt over government sovereigns. Overall the allocation is equally neutral on equities, fixed income or cash. In terms of sectors, they like energy, industrials, healthcare and info technology while not much liking consumer discretionary, consumer staples, financials and telecoms. Is stimulus at its end in Japan or…
BCA: As Populists Rule, 35 Year Government Debt Bull Market Nears End
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.