David S. Royal | Source | Executive Vice President and Chief Investment Officer at Thrivent
David S. Royal
David is Executive VP, Chief Financial, and Investment Officer and Treasurer of Thrivent, a Fortune 500 diversified financial services organization. As Chief Financial and Investment Officer, Royal is responsible for maintaining Thrivent’s ongoing financial strength and stability, ensuring the organization strategically manages its resources to deliver on the financial promises made to clients, generate financial returns, and drive organizational growth.
-
Thrivent (https://www.thrivent.com/)
Executive Vice President and Chief Investment Officer
-
Minnesota investment chiefs: Back to basics after a horrible stock market year
We gathered six investment pros from the Twin Cities to analyze this year's stock performance and tell us what to expect in 2023. Here's what they said.
Article
-
This was the worst year for a 60/40 portfolio [60% equities and 40% bonds] since 1931. Investors were shocked — I own bonds; I thought I was safe. This is probably a time when you want to be finally adding some duration, if rates really are peaking. The first thing I learned about investing was when you have a recession, you've got to add duration.
