Diversification’s Role as a Risk-Reduction Tool
Richard Bernstein is the chief executive officer of Richard Bernstein Advisors LLC. We spoke recently about diversification and asset allocation.
Charles Rotblut (CR): You sub-advise a mutual fund that can vary widely in terms of its allocation to bonds and stocks. How do you determine what the right asset allocation is?
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Richard Bernstein is the chief executive officer of Richard Bernstein Advisors LLC.