顾问推动股票和新兴市场,在高估值和不断变动的汇率中支持多资产组合。 Advisers boost equities and emerging markets, favoring multi-asset portfolios amid high valuations and shifting rates.

金融顾问越来越多地利用多资产组合帮助客户实现具体目标,同时管理风险、在美国股票估值高的情况下调整分配、有弹性的经济数据以及改变中央银行的政策。 Financial advisers are increasingly using multi-asset portfolios to help clients achieve specific goals while managing risk, adjusting allocations amid high US equity valuations, resilient economic data, and shifting central bank policies. 皮克泰的卢卡·保利尼(Luca Paolini)正在因全球经济实力和预期的利率削减而提振股票,同时将债券相对于通胀风险和有限的利得进行降级。 Pictet’s Luca Paolini is boosting equities due to global economic strength and expected rate cuts, while downgrading bonds over inflation risks and limited upside. 新兴市场偏好于低估值,顾问们强调,需要仔细审查资金结构,因为并非所有多资产基金都实现真正的多样化。 Emerging markets are favored for low valuations, and advisers stress the need to scrutinize fund structures, as not all multi-asset funds deliver real diversification. 技术驱动的集中收益和过度估值一直引起人们的关切,尽管高收入表明市场可能不在泡沫区。 Concerns persist over concentrated tech-driven gains and stretched valuations, though strong earnings suggest the market may not be in bubble territory.