Patience is the new mantra

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Stefan Löwenthal

  • Senior Vice President, Chief Investment Officer — Global Multi Asset Team
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Jürgen Wurzer

  • Vice President, Deputy Head of Portfolio Management, Senior Investment Manager — Global Multi Asset Team
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Igor Kovacic

  • Senior Investment Manager — Global Multi Asset Team
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In their quarterly outlook, “Patience is the new mantra,” the Macquarie Multi-Asset Team discusses recent developments that have led to expensive valuations across markets and the “pain trade,” even as many investors have remained stoically long risk. Is the patience and maintaining positions amid these valuations and heightened volatility justified? The team looks at monetary and fiscal policy and other important inputs shaping their asset allocation views.

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