FYI: With interest rates still hovering near zero and the stock market remaining at record highs, the prospect for broad-market returns averaging the customary 8-10% into the future are dim, at least over the next decade. Investors, especially retirees, will need to pursue alternative strategies if they want to meet their retirement goals.
Absolute return is one such alternative strategy. And in a recent white paper, Putnam Investments argues that absolute return strategies offer modern diversification.
Regards,
Ted
http://dailyalts.com/absolute-return-modern-approach-diversification/
