Dimensions
154 x 233 x 25mm
The financial crisis has changed much in investors’ thinking. In particular, it has shaken belief in the ability of traditional asset classes such as bonds and equities to protect them from abnormal market conditions, and it has brought home to them how closely correlation between different markets can be squeezed together by extreme pressure.
Many investors and investment managers have been destroyed as these truths became evident. Those that have survived are looking for new ways in which to deploy their assets, and are turning with renewed interest to so-called “alternative” assets. Unfortunately, virtually none of them have any real knowledge of these assets, and there are few advisers available, especially as the range of “alternatives” has widened considerably to include things like oil, gas, infrastructure, etc. Even the mainstream pension consultants have little or no expertise in this space.
This book will provide investors with a primer on each alternative asset class, plus practical tips on pros and cons, implementation, returns analysis, and fees and costs. It will also provide introductory guidance on how to set investment targets, and how alternative assets can be accommodated within the allocation process.
