60/40 Is Dead

In 2022 shares and bonds fell together, the worst year for 60/40 since 1937. How family offices actually allocate now, with the real UBS numbers, on one page.

In 2022, shares and bonds fell together, and the balanced 60/40 portfolio had its worst year since 1937. So how do people with serious money invest now? Not 60/40.

This one-page guide shows how family offices actually allocate, with the real UBS 2025 numbers side by side.

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