FYI: In times of volatility, the need to protect a portfolio against risk is clear, but the way to achieve that protection isn’t.
While some say that broad diversification in strategic asset allocation is key to mitigating risk in a portfolio, others say that achieving that diversification is increasingly difficult as correlation among assets rise. Diversification alone may no longer suffice in the quest to mitigate risk, some say
Regards,
Ted
http://www.etf.com/sections/features-and-news/fool-proofing-your-portfolio-risk