How Investors Can Balance Equity Market Upside & Downside Participation

Bruce Apted, Vice President and Head of Active Quantitative Equity (AQE) Portfolio Management in Australia and Adhi Mallik, Vice President and Portfolio Strategist for AQE at State Street Global Advisors, discuss their research on upside and downside capture in equity investing through the lens of what we call an “80/60” strategy, and how these insights are implemented for clients through State Street’s unique approach to defensive equities.


Defensive equities: While the term is generally used in connection with stocks that possess defensive characteristics, such as stable cash flows and lower volatility, it may also be used to refer to lower-risk securities such as government bonds and preferred shares. Defensive stocks may outperform their flashier counterparts like growth stocks during periods of economic uncertainty when equity markets display a declining trend, but will underperform during periods of economic expansion.

Low volatility investing: Low volatility investing means putting your money in stocks with lowerprice fluctuations.



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Exp Date 12/31/2020