Sable-logo
close menu

Asset class returns display randomness and variability of returns

The investment community is constantly producing research and analysis pointing toward a particular area or asset class within the market which is positioned to outperform. However, history tells a different story.

The following table (supplied by BlackRock) demonstrates a ten-year snapshot of asset class returns between January 2004 and December 2013.

The patchwork dispersion of colours shows no predictable pattern and helps illustrate why we believe it is pointless to try to predict which asset class, region or sector will be at the top next year or the year after. As a result, we do not attempt to guess which asset class will outperform, but rather build investment portfolios which capture growth through exposure to areas which have historically offered the highest returns.


           asset-class-returns-2004-2013

Figure 1: Asset class returns 2004 to 2013 


Contact our wealth team

South Africa

Regent Square
Doncaster Road
Kenilworth 7708
Cape Town
t: +27 (0) 21 657 2120

United Kingdom

Castlewood House
77/91 New Oxford Street
London
WC1A 1DG
t: +44 (0) 20 7759 7514

Australia

Suite 8.06
9 Yarra Street
South Yarra
Melbourne VIC 3141
t: +613 (0) 86 514 500

Hong Kong

Level 1102
The Lee Gardens
33 Hysan Avenue
Causeway Bay, Hong Kong
t: +852 3959 8681

This site uses cookies, read more or close this notice.