Masters in Business · Friday, October 30, 2026
Rich Steinmeier discusses the evolution of portfolio construction from a traditional 60-40 model toward a 40-30-30 allocation including alternative investments. He supports expanding access to private credit and equity for everyday investors under proper regulatory diligence.
“As that team has begun to continue to espouse and evolve that portfolio, not surprisingly, we've looked from the evolution of that 60-40 portfolio to something that looks more like a 40-30-30 portfolio”
“And so we're looking into private credit, private equity, et cetera, as a critical component that increasingly is an important component of a diversified portfolio.”