"We believe it is key to remain invested and view any potential corrections as technical and temporary opportunities to get into the market," Julius Baer International's Portfolio Manager Aneka Beneby said. Against this backdrop, she observes a "come back" in the traditional 60/40 portfolio, where 60% of funds are invested in equities and the remaining 40% is allocated to fixed income. Overweight equities Looking ahead, Beneby is overweight on equities and prefers the asset class to fixed income given relatively high inflation levels. Her comments come as the consumer price index — a key metric measuring inflation levels — rose 2.6% in the U.S. in October, versus a year ago. Fixed income Unlike U.S. equity markets which have had a stellar rise, fixed income has been under pressure no thanks to high levels of volatility.

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Persons: Julius Baer International's, Aneka Beneby, Beneby Organizations: CNBC Pro, U.S ., U.S Locations: U.S, Europe, Central, Canada, France, Germany, Italy, Japan