In the face of an impending downturn, investors have been flocking to defensive assets.
Maybe the most important pivot is actually going to be the pivot in portfolios from defense to offense," Hetts told Insider in a recent interview.
According to Hetts, investors who don't have an appropriate allocation to offensive assets risk not being exposed to the market's upside when it rebounds.
In fact, Hetts actually believes that the rotation to offensive assets may come sooner than investors imagine.
Balancing defensive and offensive investmentsIn the case of a lasting bear market, Hetts expects a drop in earnings growth.
Persons:
Adam Hetts, aren't, Hetts, Janus Henderson, we're, Warren Buffet
Organizations:
Janus, Janus Henderson Investors