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Once again skeptics are challenging the notion that the 60/40 portfolio still works. Some fundamental misunderstandings around what constitutes an optimized approach to comprehensive portfolio management continue to fuel the negative narrative. With very low interest rates raising doubt about the fixed income component of 60/40, riskier alternatives are touted as a solution to ...

Interest rates affect your portfolio through all asset classes, but may do so in different ways. Investors have been on edge about rising interest rates lately, but sensitivity to interest rates has long been a concern of serious investors (along with all other aspects of portfolio risk), regardless of current news cycles.  Duration is the standard statistic used to describe t ...

Thoughtful long-term investors often invest in fixed stock/bond ratio asset allocations such as a 60/40 portfolio. Fixed target risk portfolios, typical of many sophisticated institutions, are often considered most reliable for meeting long-term investment objectives. Given recent news, some advisors and clients have been concerned about the possibility of rising interest rates ...

On March 26, 2021, New Frontier Chief Investment Officer Robert Michaud sat down with Money Life host Chuck Jaffe to discuss how New Frontier approaches the construction of a modern 60/40 portfolio. Below is a partial transcript of the conversation.*                                                                                Recording New Frontier has a very distinctive me ...

Capital markets are known to react strongly to breaking news. Often the impact of such events does not meaningfully reach portfolios in which institutions and individuals typically invest.  So where can investors turn for real-time information on risk-targeted portfolios’ reaction to market events?  New Frontier’s family of optimized indices are designed to provide transparency ...

Noted economist Frank Knight formalized a distinction among various types of risk associated with uncertainty. He defined three levels of uncertainty. The first is the type associated with a roulette wheel- where it is not possible to know the final outcome, yet one can reliably define the probability of an event’s occurrence. The second type of uncertainty is associated with s ...

On April 3, 2020, New Frontier Chief Investment Officer Robert Michaud sat down with Money Life host Chuck Jaffe to discuss how New Frontier approaches optimality in a time of tremendous uncertainty in the market. You can listen to the interview in its entirety using the player above, and below is a partial transcript of Robert's responses with timestamps for reference. 1:30 Po ...

On March 23, 2020, New Frontier hosted a live webinar in which Dr. Richard Michaud, President and Chief Executive Officer, and Robert Michaud, Chief Investment Officer, discussed investing in historic market volatility, as well as the recent trades of New Frontier's Standard and Tax-Sensitive Global Multi-Asset ETF investment strategies, which occurred on March 17 and March 20, ...

In the midst of periods of extreme volatility as we have recently experienced, investors may want to remember some fundamental investment axioms:  The performance of actual investor portfolios is generally not well represented by equity indices. A well-defined long-term investment program can help withstand short-term volatility. Historically, markets recover after periods of ...

On Monday, stocks lost 3.5% responding to reports on the spread of the coronavirus and its impact on global economies. Markets began today by rebounding, but then reversed direction, mimicking major foreign markets. As a consequence of the likely spread of the unofficial epidemic in the global economy, the next few months will likely feature increased volatility. At this point ...