As the end of the year approaches, the issue of rebalancing for pension funds – a vexed one in the market volatility of the past year – is becoming more acute. US-based adviser Callan Associates is advising clients to depart from the normal disciplines around rebalancing in these extreme conditions.
In a new research note, Callan has listed several steps for investors facing rebalancing and transition needs in the current environment.
The consulting firm notes that this may represent a departure from traditional consulting advice to adhere to disciplined rebalancing no matter what the markets are doing.
The research note advises:
The full research note is available at: www.callan.com