Subject:

Strategic Asset Allocation

Strategic Asset Allocation Q2 2025

Tuesday, 22 April 2025, written by Maarten Spek

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.

This report is published: Quarterly

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Previous reports

SAA Special: Don’t extrapolate PE returns

Monday, 17 March 2025

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.

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SAA Special: Performance review 2024

Tuesday, 25 February 2025

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.

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Strategic Asset Allocation Q1 2025

Monday, 20 January 2025

On this inauguration day we present the Strategic Asset Allocation, based on the latest update on the consensus expected returns and with some remarkable changes compared to the SAA in Q1 2024.

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What's in the SAA report?

Strategic Asset Allocation (SAA) plays a key role in the return of an investment portfolio. According to Julius Bär, it is assumed that SAA...

FAQ's about our SAA report

Find answers to common questions about our Strategic Asset Allocation research below. If you don’t see your question, feel free to get in touch at [email protected]

Maarten Spek, Global Macro & Investment Strategist

Maarten has been a key figure at ECR since 2006, leading our team of analysts with expertise and innovation. His academic excellence, demonstrated by...