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BNP Paribas Asset Management

2023 Top 500 ranking: 34

Asset allocation – A fat (real) tail in 2022

Asset allocation – A fat (real) tail in 2022

2021 was an awkward ’steady state’ year for financial markets: bonds delivered the worst returns in a quarter of a century except for one year (1999), while equities secured top-quartile (or better) returns over the same period.[1] 

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