Home Breadcrumb caret Investments Breadcrumb caret Market Insights Lunchtime Takeaway: When asset allocation works We’re committed to making your practice better, so all this month, we’re delivering you a daily takeaway. By Staff | May 23, 2012 | Last updated on May 23, 2012 1 min read We’re committed to making your practice better, so all this month, we’re delivering you a daily takeaway. Today’s takeaway is… When asset allocation works “For an asset allocation approach to work your investment has to be exposed to a number of different economic cycles, so you’re able to smooth out the market highs and lows. “A minimum of 10 years and preferably longer is required to properly assess the success of an asset allocation strategy. Sometimes even a 10-year period is not long enough to effectively assess performance, especially when you encounter a recession such as we’ve just been through with its extreme negative effect on performance.” – Andrew Beer, Investors Group Agree? Disagree? Read: Faceoff: Asset allocation Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo