Investment And Financing: There Is Still Room For Improvement In The Market.

"There is room for improvement in the market," Mark Haefele, the chief investment officer of the UBS group asset management department who spoke softly, told Penta. But at this time, he suggests that wealthy customers invest in the "long-term trend".

In Haefele's bland comments, we can make many complicated and elaborate analysis.

Under the current low interest rate environment, bond yields are "lower than 97% in history," said Charlie Bilello, research director of Pension Partners Asset Management Co.

The 10 - year Treasury yield, for example, is less than 2.2%, and $10 thousand is less than $220.

Before the great depression, the yield was about 5%, and the yield of 10 - year treasury bonds in 90s was nearly 7%.

Today, compared with all other investors, wealthy families can have competitive advantages, whether private or public investors: wealthy families can invest in their long-term investments on their own strength alone.

Haefele and his research team point out that low capital costs should, in principle, stimulate governments and companies to invest in major infrastructures.

However, the actual situation is just the opposite.

The proportion of US public investment in gross domestic product has reached its lowest level since 1947.

The situation is similar in developed countries all over the world.

In the UK, the proportion of fixed investment in gross domestic product has been the lowest since 1960s.

Haefele also said that private sector also did not invest for a long time.

There are many reasons why private sector does not invest for a long time, such as corporate tax restraints and small and medium enterprises.

High.

There is also a real reason for the downturn in investment in government infrastructure projects.

Haefele's research team said: "government borrowing costs are very low, but government revenue growth is also very low.

The government's "bond market volunteers" in financial markets (by selling Treasuries to counter government expansion).

The vigilant attitude of the government has also worried the government that raising loans at low income growth may lead to adverse reactions in the bond market.

But the necessity of investing long-term projects and long-term trends to meet the needs of the aging population in developed countries or to meet the needs of the basic infrastructure of developing countries is more urgent than ever.

Haefele believes that this is the opportunity for investors with ultra high net worth (especially rich people).

If you want your portfolio to have an impact and win the market return, you need to invest in infrastructure projects that focus on the actual needs of the future for many years.

Population composition and income inequality are a trend.

For those who are patient, this trend opens up investment opportunities for them, from drug development to education to clean water infrastructure.

In addition, the technology industry has also excited Haefele and his research team.

IDC, the market intelligence and information technology provider, predicts that in the next five years, the global data world will expand to 44 bytes (ZB, also known as "Ze").

In order for you to have a concept, we plate this into a language or picture that you can understand. The 44 byte data is equivalent to 44 trillion GB data - that is to say, the data volume has expanded 50 times in ten years.

It is pointed out that the key IT infrastructure needed to invest is mainly in the field of communication pmission, especially in emerging markets.

A KPMG report claims that in the next five years, emerging markets need to invest $1 trillion to fill the gap in emerging market communications infrastructure.

If you are looking for low cost investors in this field, you can consider the following exchange trading funds, such as the iShares Standard & Poor's emerging market infrastructure index fund (fund code: EMIF), PowerShares PowerShares emerging infrastructure portfolio (PXR) and EGShares Brazil infrastructure (BRXX).

Other investment opportunities:

1) computer memory.

Nowadays, computer memory is becoming more and more expensive, and more and more energy is used.

2) network security.

It is estimated that the annual loss caused by commercial data attacks has reached US $400 billion.

3) high capacity battery.

Investment in high-capacity batteries has been stagnant, but there is a need for the market to introduce a low-cost environmentally friendly solution.

So what is the right asset portfolio in 2016?

Of course, there is no magic number that fits every investment portfolio.

Even in the age of 60/40 rules, this is just a rule of thumb to help investors start the right track.

Therefore, if some experts think that the old rules are not perfect, this is not unusual. Professionals have great divergent views on portfolio.

For novice, Puritz proposes to expand the definition of "bonds", including high quality dividends and other income investments.