How would you structure the asset allocation for a multi-asset portfolio early May 2021? Please,...

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Finance

How would you structure the asset allocation for a multi-asset portfolio early May 2021? Please, include in your analysis the following asset classes (and where appropriate / necessary sub asset classes):

Global Equities

U.S. Government Bonds

Gold

Global Macro Hedge Funds

German Residential Real Estate

Please, provide a detailed reasoning for your asset allocation, taking into account return expectations, risk and correlation.

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