Asset Allocation Banking Risk Analysis Valuation 
Brown Advisory
OCTOBER 11, 2021
We believe that the investment return needed to achieve that objective should be the most important guidepost for a portfolio’s asset allocation. Muted Expectations Over past decades investors have had to take more risk in order to meet the same return hurdle. This analysis is not intended to be a guarantee of future results.
Brown Advisory
OCTOBER 11, 2021
We believe that the investment return needed to achieve that objective should be the most important guidepost for a portfolio’s asset allocation. Over past decades investors have had to take more risk in order to meet the same return hurdle. This analysis is not intended to be a guarantee of future results.
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