Trends with Benefits #113: Goals-Based Asset Allocation with Jack Ablin
February 06, 2024
Listen Time 34:39 MIN
In this episode, I am joined by Jack Ablin, Chief Investment Officer and Founding Partner at Cresset Capital. Jack explains how Cresset focuses on goals-based investing, including meeting clients’ tangible goals like cash flow as well as their intangible ones, such as charitable impact or entrepreneurial ambitions. He reflects on how the narrowness of the market surprised him in 2023 and shares his outlook for 2024, which he expects to be a favorable environment for bonds and equities, but not commodities. We discuss the U.S. fiscal situation and how this affects investors’ planning.
Show Notes:
00:54 About Cresset Capital
04:08 Market surprises in 2023
06:09 Volatility in bond markets
06:59 Absolute returns in 2023
17:08 U.S. fiscal situation
20:10 Tax loss harvesting strategies
23:20 Outlook for 2024
25:23 Long-term trend
29:38 Trend or fad
Trend or Fad
Listen for Jack’s views on artificial intelligence, Bitcoin, India, centenarians, and sideburns.
Follow Ed Lopez @thatEdLopez on Twitter.
To receive more Trends with Benefits insights, sign up in our subscription center.
Related Topics
Related Insights
Related Topics
Related Insights
April 16, 2024
March 19, 2024
March 05, 2024
IMPORTANT DISCLOSURE
Coin definitions
Bitcoin (BTC) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Please note that Van Eck may offer investment products that invest in the asset class(es) discussed in this video.
This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.
No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Associates Corporation.
© Van Eck Associates Corporation.
666 Third Avenue, New York, NY 10017.
IMPORTANT DISCLOSURE
Coin definitions
Bitcoin (BTC) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Please note that Van Eck may offer investment products that invest in the asset class(es) discussed in this video.
This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.
No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Associates Corporation.
© Van Eck Associates Corporation.
666 Third Avenue, New York, NY 10017.