Multi-asset allocation funds, once seen as a guaranteed win, showed a wide performance range last year, from 3.3% to 24.6%. Investors flocked to these funds as volatile markets made asset allocation challenging, with top performers favoring gold and silver. Future success will depend on fund managers’ tactical asset allocation and selective equity positioning.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend