Perspectives Blog

Jeffrey Knight, CFA, Global Head of Investment Solutions and Asset Allocation

Jeff Knight is Global Head of Investment Solutions and Asset Allocation for Columbia Management. Mr. Knight leads a team of six portfolio managers responsible for our broad suite of multi-asset strategies including capital allocation, risk allocation, absolute return and total return funds. In addition, Mr. Knight will join the Threadneedle Asset Allocation Committee to provide a macro perspective on various global asset classes for the purposes of helping the committee establish its outlook for global markets. Mr. Knight joined the firm in 2013 and has been a member of the investment community since 1987.

Prior to joining the firm, Mr. Knight was Head of Global Asset Allocation at Putnam Investments where he managed numerous mutual fund and institutional multi-asset strategies. He began his career at Putnam in 1993 as a Senior Analyst in the Global Asset Allocation group. A founding member of the team, he was instrumental in the development of Putnam’s asset allocation investment philosophy and strategies. While at Putnam, Mr. Knight authored the firm’s Capital Market Outlook quarterly publication. Previously, he was a Senior Associate in tax services at Coopers & Lybrand, a Financial Analyst in the federal systems division at IBM and started his career as a Staff Economist at Economic Consulting Services, Inc.

Mr. Knight earned a B.A. from Colgate University and an M.B.A. from the Tuck School of Business at Dartmouth College. In addition, he holds the Chartered Financial Analyst designation.


Three tools for a resilient portfolio

Jeffrey Knight, CFA, Global Head of Investment Solutions and Asset Allocation | January 15, 2014

Portfolio resilience refers to the ability of a portfolio to withstand unanticipated adversity and to respond from that adversity. Effective diversification requires thinking not only about allocating the assets in a portfolio but about allocating the risks. A flexible strategy enables a portfolio to adapt to changes in the relative attractiveness of different risks. Watch:

Asset allocation chart December 2013

Jeffrey Knight, CFA, Global Head of Investment Solutions and Asset Allocation | January 6, 2014

Updates from previous allocations: We remain modestly overweight equities because we expect them to outperform bonds as central banks remain accommodative. Leading indicators are improving, suggesting better global growth ahead. We expect cash and fixed income to underperform and we also continue to favor absolute return strategies. We remain underweight U.S. equity allocations mainly on

Three investments that could return to favor in 2014

Jeffrey Knight, CFA, Global Head of Investment Solutions and Asset Allocation | December 16, 2013

When an out of favor investment is re-discovered, sustained outperformance often follows The three criteria we look for in identifying an out of favor asset class or investment strategy Why Japanese stocks, EM stocks and active equity strategies may soon be rediscovered When investors lose confidence in an asset class, especially one that had been

Asset allocation November 2013

Jeffrey Knight, CFA, Global Head of Investment Solutions and Asset Allocation | December 12, 2013

Changes over previous allocations: 1. Remain modestly overweight equities, expect equities to outperform bonds; Central Banks remain accommodative. Leading indicators are improving, suggesting better global growth ahead. Expect cash and fixed income to underperform; continue to favor absolute return strategies. 2. Remain underweight U.S. equity allocations mainly on relative valuation (limited near-term upside). Better opportunities

Big picture supports allocating risk to equities

Jeffrey Knight, CFA, Global Head of Investment Solutions and Asset Allocation | October 25, 2013

In the current environment, focusing portfolio risk on equities is a sensible approach. Given policy uncertainties in the U.S., we think it’s time to incorporate more international diversification. Fixed income markets are once again relevant in the search for diversification, along with unconventional diversifiers like absolute return funds. Watch: Investment Strategy Outlook Q4 2013 See