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Kevin Turner
EXECUTIVE VIEW
The only thing that remains
constant is change
By: Kevin Turner, CFA, Managing Director, Global Head of Client Strategy & Research
Have you taken the time to think back on how things used to be – how we watched TV
as it aired rather than via DVR or on-demand, or how we communicated over the phone
rather than through email or mobile apps? I remember having some hesitation around
early adoption, but I can certainly say now that I prefer to watch TV without commercials,
and have come to detest voice messages!
The investing landscape, and the tools at our disposal, is clearly not standing still either.
As the investment environment continues to present challenges and grow more complex,
it is important to embrace opportunities for change and greater flexibility in order to
achieve the outcomes we desire.
The lead articles in this issue of Communiqué address two aspects of how our investment
approach continues to evolve. In the first, Steve Murray outlines the next generation
of individual retirement solutions via adaptive investing; in the second, Rob Balkema
and Leah Fuhlbrugge highlight various components of Russell Investments’ multi-asset
capabilities. In this issue, we also have an overview from Rachel Carroll on some potential
market disruptors from demographic changes, and a discussion with Megan Roach and
Keith Brakebill on their thoughts about dynamic management within equity and bond
portfolios.
While it is interesting to reflect on how our investment portfolios have evolved in the
past – similar to thinking about how we used to watch our favorite TV programs – it is also
important to take the time to consider how our investment approach needs to adapt in
response to current circumstances and future requirements.
Thank you for reading,
Kevin Turner
Managing Director, Global Head of Client Strategy & Research