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Canterbury Outsourced CIO: Fourth Quarter 2019 Commentary
January 21, 2020

Every quarter, Canterbury's Outsourced CIO committee shares their observations of the market that impact the management of our discretionary portfolios in the Canterbury OCIO Review.

As most of our clients have long investment horizons, we focus more on longer-term returns. Previously, a 10- year horizon seemed to be a reasonable period for a full market cycle, but as we stand at the cusp of the 2020s, we look back at a rather unusual decade.

We reminisce positively at the strong performance of portfolios in 2019 but also see that the continuous outperformance of certain segments further increases their risk profile. We have been more disciplined about trimming gains and reallocating to areas that have lagged to balance the risks in the portfolio.

Access the Canterbury OCIO Review: Fourth Quarter 2019