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Corey Hoffstein recommends a quick read of a resource, highlighting an important perspective on bonds. Hoffstein asserts that while bonds may not reduce portfolio volatility as effectively in current conditions, they continue to contribute toward diversifying long-term investment outcomes.
He encourages readers to consider the distinction between diversifying the path versus the final destination when evaluating bonds’ role in a portfolio.
Hoffstein has recently discussed themes at the intersection of portfolio construction and new products. He addressed the launch of AQR's Delphi Fusion Global UCITS Fund in Europe, citing product development in the region. He also shared analysis from Quantica on how funding source affects the cost of diversification in portfolios.