How is the “new retirement paradigm” holding up in the new normal? In the December issue of Investment Advisor, John Sullivan talks with well-known author, speaker and gerontologist Ken Dychtwald and Larry Roth, CEO of Advisor Group, about how the message is being received post-meltdown.
You can’t turn around without gold prices going up, which makes Savita Iyer-Ahrestani’s piece on investors’ most precious metal especially timely. Experts believe that the gold story may have changed slightly and that there has been a paradigm shift in how the investment world views gold. Will investors be able to stomach the new environment?
In this month’s Overlooked Managers, Mike Buckius explains how he and his team at the Gateway Fund are using long-short funds to great advantage. These products may have severely disappointed investors following the market crash, but Buckius’ strategy has a long history of proving critics wrong.
If you’ve been an advisor for any length of time, you’ve heard Ken Dychtwald speak. The CEO of research and consulting firm Age Wave was ubiquitous on the trade show circuit prior to the market crash of 2008 (we heard him speak at three separate events in a little over one year).
We haven’t heard much from Dychtwald since the economy went bad; like so many others, our retirement interest largely took a backseat to more immediate matters. We wondered how his message had changed in light of all that had happened—if at all. Was it stale? Were his predictions right? More importantly, did those audiences still cheer? Dychtwald answers those questions for Editor in Chief John Sullivan.
The past decade has not been kind to most equity investors and their advisors. Two bear markets, two recessions and dramatic swings in volatility have prevented many from meeting the return assumptions built into their investment plans.
Looking forward, advisors and their clients are struggling to see how they can meet future liabilities with little expected return from fixed income allocations and diminished faith in equity markets. Economic growth will likely continue to be anemic over an extended period of time given the structural impediments facing economies in many parts of the developed world, and volatility is likely to remain high.
Advisors should consider a category that presents a realistic option for powering long-term return objectives with moderate risk by looking at high-quality, predictable global businesses with strong cash-flow growth. George Fraise, Robert Rohn and Gordon Marchand, co-founders of Sustainable Growth Advisors LP, describe how.