Perspectives Blog

Jeffrey Knight, CFA, Head of Global Asset Allocation

Jeffrey Knight is Head of Global Asset Allocation for Columbia Management. Mr. Knight oversees our broad suite of asset allocation and risk allocation strategies including capital allocation, risk allocation, risk parity and total return funds. He leads a team of six portfolio managers and serves as the lead manager of our capital allocation and risk allocation funds. 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 funds and institutional 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 and implementation of the group’s quantitative models and methodologies. 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.

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Asset allocation November 2013

Jeffrey Knight, CFA, Head of Global 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, Head of Global 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

What the NHL playoffs can teach investors

Jeffrey Knight, CFA, Head of Global Asset Allocation | June 13, 2013

NHL playoff teams know the importance of protecting a lead; investors should consider a similar strategy with this year’s stock market gains. Resilient portfolios avoid concentration in one asset class, or any single source of risk. The strong differential performance between stocks and bonds this year presents a timely opportunity to rebalance one’s allocation between