Can the 60/40 Portfolio Bounce Back in 2023?
Performance probably can’t get much worse than it was in 2022.
Jason Kephart, CFA, is a senior principal, multi-asset strategy ratings, for Morningstar. He is responsible for Morningstar’s multi-asset ratings methodology and shares responsibility for research priorities. Kephart leads the firm’s global and North American multi-asset ratings committees. Kephart regularly contributes to Morningstar’s thought leadership on target-date strategies, 60/40 portfolios, model portfolios, and other multi-asset outcome-based products. He has been the lead analyst for multi-asset strategies from firms such as Vanguard, BlackRock, T. Rowe Price, and Dodge & Cox.
Before joining Morningstar in 2014, Kephart spent seven years as a journalist for InvestmentNews, Fund Action, and SmartMoney, reporting primarily on the mutual fund and exchange-traded fund industries.
Kephart holds a bachelor’s degree in English from Florida State University. He also holds the Chartered Financial Analyst® designation.
United States