![Three asset classes to avoid](https://www.yarracm.com/wp-content/uploads/2020/03/Livewire-750x500.png)
Getting the proportions right when preparing a recipe is more important than the precise provenance of the ingredients. And it’s just the same with portfolio construction: it’s more important to get the asset allocation right than the stock selection.
Tim Toohey from Yarra Capital Management nominates the one asset class most likely to deliver a negative result in 2020, and explains why.
Read more…. (subscription to Livewire Markets required).