In these uncertain times, higher cash holdings in portfolios might appeal – but they can have multiple implications for portfolios. In this CIO Special report, we focus on the following three concerns:
- The returns illusion: how nominal returns can mask a history of poor cash real return performance.
- More cash, more risk: why increasing cash may also mean increasing non-cash risk.
- Market timing perils: still a problem, even with higher cash holdings.
To download a PDF of the full report, please click here.