137 Alfred Lee – 2023 Outlook & Strategy: 50 / 30 / 20

Alfred Lee, Director, Portfolio Manager, and Investment Strategist at BMO Global Asset Management joined us to discuss his outlook for 2023. 2022 was a year of challenges in the financial markets, with investors facing a lot of uncertainty. For 2023, we talk about whether inflation and interest rates are moving in a positive direction. We cover portfolio strategy, zoom in on interest rate policy, fixed income strategy, and take a look at his 2023 market outlook. We discuss factor and sector equity strategy, banks, energy, gold, alternatives, key risks, and his 50/30/20 asset allocation portfolio framework, risk budgeting and asset mix.We talk about:• A lot of investors moved to short term instruments during the last half of 2022. Was that the right move, or was that fear driven? • What's the likelihood the Fed as well as BoC will soon pause or slow on hiking rates, and if so, for how long?• Wild cards? The stickier parts of the economy, labour market, the effect higher interest rates are having on housing prices, discretionary income and spending, 18-24 months lag time, China re-opening• What's your fixed income strategy in this climate where we're hearing a lot of talk about rates remaining where they are for a while, and the high probability of a recession?• The 'big story' for 2023, is fixed income, and what to do with it, where to go?• the strategic thinking behind the 75 / 25 split in fixed income allocation• Is it a new regime? Or back to the "Old Normal"• equities strategy and rationale - Multi-Factor & Sectors?• alternatives / liquid alternatives strategy?• The demand for diversifiers, liquid alts• The 50 / 30 / 20 asset allocation framework.Where to find Alfred and his team at BMO ETFs:BMO ETFs DashboardBMO ETFs Trade Ideas and PodcastsAlfred lee on LinkedInCopyright © AdvisorAnalyst.com