Strategic Asset Allocation

Strategic Asset Allocation (SAA) plays a crucial role in an investors’ decision-making process. This report features the quarterly update of three SAA models, their portfolio characteristics and the data we have used to construct the SAA models. In addition, we update the Expected Returns based on the return assumptions of approx. 70 asset managers and present tables with volatility and correlation data for every asset class.

Note: For the main Strategic Asset Allocation report - Q1 2025 , scroll down to the 'Previous Reports' section. SAA Specials like this are published in the months between. 

Driven by historically high returns, low volatility, and limited correlation with public assets, Private Equity and Private Debt have become increasingly popular in long-term investment portfolios. However, there are several developments indicating that the outlook for PE will take a turn for the worse.

In this Special we examine the performance of the three ECR Strategic Asset Allocation (SAA) portfolios throughout 2024 and whether implementing quarterly changes in the SAA enhances the performance of the three SAA models and how this can be explained.