The 60/40 portfolio is back as investors eye stocks, bonds

Aleks Vickovich and Lucy Dean

Jan 13, 2023 – 4.42pm

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Investors are preparing to plough money into shares and bonds this year even though market experts say the global economy is headed for recession and the so-called 60/40 portfolio – mixing growth and defensive assets – is dead.

A survey of 2000 Australian investors by fund manager VanEck in November and December last year found the vast majority of respondents (87 per cent) intended to kick-start or increase their investment in range of asset classes, especially shares/equities and bonds/fixed income.

Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation.

Lucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom.