Capital at risk
Balanced and multi-asset
Investing across a range of asset classes. Whether we focus on growth or income, we seek to add value with long-term, active management.
Why invest in balanced or multi-asset?
Our balanced portfolios invest in equities, bonds and cash, aiming to achieve long-term capital growth on your behalf. While bonds and cash can help dampen large share price moves, our balanced portfolios do not have volatility targets.
Our multi-asset portfolios aim to give you attractive long-term returns but at a lower risk than solely investing in shares. They are diversified, including equities, fixed income and real assets with physical worth, such as real estate and infrastructure.
How do we invest across asset classes?
Our balanced portfolios provide you access to our best regional equity and bond investment ideas, balanced by an allocation to cash. The approach is bottom-up, growth-oriented and long-term.
Our multi-asset growth portfolios reflect our views on the long-term return and risk characteristics of the different asset classes. The approach is top-down, macroeconomic and research-led.
Our multi-asset income portfolio combines asset-allocation experience and investment-selection skill to build a diversified global portfolio of our best income-generating ideas across eight asset classes.
Related investment capabilities
Diversified Growth
Investment across a wide range of asset classes with the aim of achieving attractive long-term returns at lower risk than equities.
Diversified Return
We look to deliver attractive returns over the long term with reduced volatility, via a portfolio invested across a broad range of asset classes.
All our investment capabilities
Core growth
Large, diverse portfolios of growth-focused holdings built with benchmarks and reduced volatility in mind.
Equity and multi-asset income
Seeking both dependable income and long-term capital growth.
Fixed income
Targeting company and government bonds with a focus on long-term outcomes.
Flexible growth
Portfolios containing a mix of firms focused on disruption, steady compounding and timely capital allocation.
High growth
Concentrated portfolios of fast-growth companies, typically holding between 25 and 50 stocks.
Insights
Key articles, videos and podcasts relating to our multi-asset investment capabilities:
Multi Asset Q3 update
The Multi Asset Team reflects on recent performance, portfolio changes and market developments over the last quarter.
Related insights
Multi Asset Q3 update
The Multi Asset Team reflects on recent performance, portfolio changes and market developments.
The rate cut conundrum: Multi Asset’s LTRE
Insights on economic growth, inflation trends, and investment opportunities in bonds, equities, and more for the next decade.
Multi Asset Q2 update
The Multi Asset Team reflects on recent performance, portfolio changes and market developments.
Japan: the land of the rising yield
How Japan's changing economy is reshaping the Multi Asset investment landscape.
Multi Asset investment update
An update on performance, portfolio developments and where we see new opportunities.
Where are the opportunities?
The Multi Asset Team’s forecast for growth, bonds, equities and other assets over the decade.
Multi Asset investment update
An update on the portfolio, market environment and outlook for the year ahead.
Multi Asset: Investment process evolution
Focusing on the central pillars of our multi-asset investment process has sparked an evolution.
From Leeds to LA
Creating a high conviction, best ideas, global and unconstrained property portfolio.
Why now for multi-asset investing
Who benefits from the new macro environment? Why multi-asset investing remains a viable option.
Productivity’s slowdown unravelled
Casting fresh light on why productivity growth lost steam and why it might be about to pick up.
The robots are coming
Robots won’t take all our jobs, but they will affect labour markets and, with them, inflation.
The productivity surge of the 2020s
Are the days of productivity growth over? The Multi Asset Team does not think so.