NewsJPMorgan projects a 7% annual return for stock and bond mixes
JPMorgan, the big investment bank, expects a classic portfolio mix to deliver a solid 7% return every single year. David Kelly, the chief global strategist at JP Morgan Asset Management, reviewed the findings with Stephen Parker, the co-head of global investment strategy at JP Morgan Private Bank.
JPMorgan, the big investment bank, expects a classic portfolio mix to deliver a solid 7% return every single year. David Kelly, the chief global strategist at JP Morgan Asset Management, reviewed the findings with Stephen Parker, the co-head of global investment strategy at JP Morgan Private Bank. The report "projects a 7% annual return for 60-40 portfolios over the next 10 to 15 years." Sometimes the old split pie chart still works best.