Business
Macquarie’s model portfolio of ASX stocks to hold in the post-COVID recovery
A great transition is underway and it’s prompted a leading broker to make a number of changes to its model portfolio.
The transition I am referring to isn’t from the Trump to Biden presidency, although that’s good news. It’s the move towards a COVID‐19 normal world as multiple promising vaccines are in the wings.
This is the key reason why the S&P/ASX 200 Index (Index:^AXJO) is rallying recently. But the types of ASX stocks that could outperform in 2021 might look very different from those leading the charge in 2020.
Changes to model portfolio
This is why Macquarie Group Ltd (ASX: MQG) made changes to the stocks it’s holding in its model portfolio. A model portfolio represents a group of stocks that the broker is…
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